Housing costs in Hico?
A typical home costs
$184,800, which is 45.3% less expensive than the national average of
$338,100 and 32.3% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Hico costs
$970 per month, which is 32.2% cheaper than the national average of
$1,430 and 11.3% more than the state average of
$860.
Can I afford Hico?
To live comfortably in Hico, West Virginia, a minimum annual income of
$35,280 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Hico?
The cost of living in Hico, WV is generally lower than the national average. This is due to the area's rural nature and lack of major industries or businesses. The cost of groceries, housing, and utilities are all relatively low compared to other areas in the state or across the country. The median home value is around $100,000 and monthly rent for a two bedroom apartment can be found for as little as $500-700. Other costs like transportation and entertainment are also more affordable than they would be in larger cities. Overall, living in Hico provides a comfortable quality of life without having to break your budget.