Housing costs in Romney?
A typical home costs
$186,000, which is 45.0% less expensive than the national average of
$338,100 and 33.1% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Romney costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 14.0% more than the state average of
$860.
Can I afford Romney?
To live comfortably in Romney, West Virginia, a minimum annual income of
$35,640 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Romney?
The cost of living in Romney, WV is quite affordable. According to BestPlaces.net, the overall cost of living index for Romney is 78 which is 22% lower than the national average. Housing costs in particular are low with the median home price around $134,000 and rent prices ranging from $650 to $850 a month. Utility costs are also relatively low with electricity rates around 12 cents per kWh and gas prices running at an average of $2.44 per gallon. Groceries also remain affordable with food costing approximately 11% less than the US average. All these factors make Romney an attractive place to live for those looking for a more affordable lifestyle.