Zip 26031 (Benwood, WV) Cost of Living


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How much do I need to live in Benwood, West Virginia?
$1,170 / month
for a family, 78.3% less expensive than the national average A total of $14,040 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Benwood cost of living score
75.1
Less expensive
24.9% lower
than the US average
5.4% lower
than the West Virginia average
Benwood (zip 26031), West Virginia gets a BestPlaces Cost of Living score of 75.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.9% lower than the U.S. average and 5.4% higher than the average for West Virginia.

Zip 26031 (Benwood, WV)

Housing costs in Benwood?
A typical home costs $73,700, which is 78.2% less expensive than the national average of $338,100 and 47.2% less expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Benwood costs $780 per month, which is 9.3% cheaper than the national average of $860 and 6.4% cheaper than the state average of $830.

Can I afford Benwood?
To live comfortably in Benwood (zip 26031), West Virginia, a minimum annual income of $14,040 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Benwood?
The cost of living in 26031 Benwood, WV is quite reasonable. The median home price is just over $90,000, making it an affordable option for those looking to buy a house. The average rent for an apartment is also relatively low at around $725 per month. Additionally, utility costs are fairly low compared to the national average and grocery prices tend to be lower than the rest of the country as well. Overall, this makes Benwood a great place to live for those who are on a budget or who want more value for their money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesBenwoodWest VirginiaUnited States
    Unlock79.4100.0
  94.9  Unlock100.0
    Unlock127.0100.0
  18.8  Unlock100.0
    Unlock$139,700$338,100
  85.5  Unlock100.0
    Unlock90.1100.0
  95.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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