Elkins Metro Area, WV Cost of Living


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How much do I need to live in Elkins, West Virginia?
$2,010 / month
for a family, 62.8% less expensive than the national average A total of $24,120 for the year for a family.
$1,967 / month
for a single person, 58.7% less expensive than the national average A total of $23,600 for the year for a single person.

Elkins cost of living score
74.6
Less expensive
25.4% lower
than the US average
6.0% lower
than the West Virginia average
Elkins West Virgi Metro Area, West Virginia gets a BestPlaces Cost of Living score of 74.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.4% lower than the U.S. average and 6.0% higher than the average for West Virginia.

Elkins Metro Area, WV

Housing costs in Elkins?
A typical home costs $125,000, which is 63.0% less expensive than the national average of $338,100 and 10.5% less expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Elkins costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 14.7% cheaper than the state average of $860.

Can I afford Elkins?
To live comfortably in Elkins West Virgi Metro Area, West Virginia, a minimum annual income of $24,120 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Elkins?
The cost of living in the Elkins, WV Metro Area is lower than the national average. The median house value is $125,000, which is much lower than the US average of $338,100. In addition, the area's cost of living index is 74.6 compared to the US average of 100. Therefore, those looking to live in this area can find great value for their money and enjoy a more affordable lifestyle than what can be found in other parts of the country.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesElkinsWest VirginiaUnited States
    Unlock79.4100.0
  96.5  Unlock100.0
    Unlock127.0100.0
  32.2  Unlock100.0
    Unlock$139,700$338,100
  81.5  Unlock100.0
    Unlock90.1100.0
  92.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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