Fairmont, WV Cost of Living


2 Reviews



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How much do I need to live in Fairmont, West Virginia?
$2,340 / month
for a family, 56.7% less expensive than the national average A total of $28,080 for the year for a family.
$2,800 / month
for a single person, 41.3% less expensive than the national average A total of $33,600 for the year for a single person.

Fairmont cost of living score
77.5
Less expensive
22.5% lower
than the US average
2.4% lower
than the West Virginia average
Fairmont, West Virginia gets a BestPlaces Cost of Living score of 77.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.5% lower than the U.S. average and 2.4% higher than the average for West Virginia.

Fairmont, WV

Housing costs in Fairmont?
A typical home costs $145,900, which is 56.8% less expensive than the national average of $338,100 and 4.4% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Fairmont costs $1,050 per month, which is 26.6% cheaper than the national average of $1,430 and 18.1% more than the state average of $860.

Can I afford Fairmont?
To live comfortably in Fairmont, West Virginia, a minimum annual income of $28,080 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Fairmont?
The cost of living in Fairmont, WV is lower than the national average, making it a great place to live for those looking for an affordable lifestyle. The median home price in Fairmont is just over $85,000 and the median rent was around $650 per month in 2019. Utilities are also affordable with the average electric bill being only $99 per month. Overall, Fairmont offers a great quality of life at a very affordable price point.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFairmontWest VirginiaUnited States
    Unlock79.4100.0
  98.2  Unlock100.0
    Unlock127.0100.0
  42.7  Unlock100.0
    Unlock$139,700$338,100
  86.5  Unlock100.0
    Unlock90.1100.0
  104.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Fairmont
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I find Fairmont to be a pretty good town to raise kids. You get to be a "big fish in a little pond" here. Everyone knows you and looks after you if you want to let them.  More

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Over 14 years ago

This is not so much a comment about where I live, but more of me ,looking for some helpful suggestions. I live in West Virgina, been here all my life. And now I'm  More

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