Inwood, WV Cost of Living


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Inwood cost of living score
94.1
Less expensive
5.9% lower
than the US average
18.5% higher
than the West Virginia average
Inwood, West Virginia gets a BestPlaces Cost of Living score of 94.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% lower than the U.S. average and 18.5% lower than the average for West Virginia.

Inwood, WV

Housing costs in Inwood?
A typical home costs $266,200, which is 21.3% less expensive than the national average of $338,100 and 90.6% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Inwood costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 28.9% more than the state average of $860.

Can I afford Inwood?
To live comfortably in Inwood, West Virginia, a minimum annual income of $51,120 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Inwood?
Inwood, WV has a relatively low cost of living compared to the national average. The median household income is around $42,000, which is approximately 15% lower than the national average. The cost of housing is also lower than the national average, with the median listing price for homes in Inwood being $125,000. Other costs like groceries, utilities and transportation are also generally lower than average throughout the area. All in all, Inwood is an affordable place to live that offers a great rural lifestyle without breaking the bank.
   Cost of living score
     CategoriesInwoodWest VirginiaUnited States
  94.179.4100.0
  104.795.8100
  123.1127.0100.0
  78.139.3100.0
  $266,200$139,700$338,100
  89.1%85.9%100.0%
  97.490.1100.0
  103.785.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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