Zip 26241 (Elkins, WV) Cost of Living


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How much do I need to live in Elkins, West Virginia?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 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
74.8
Less expensive
25.2% lower
than the US average
5.8% lower
than the West Virginia average
Elkins (zip 26241), West Virginia gets a BestPlaces Cost of Living score of 74.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.2% lower than the U.S. average and 5.8% higher than the average for West Virginia.

Zip 26241 (Elkins, WV)

Housing costs in Elkins?
A typical home costs $142,900, which is 57.7% less expensive than the national average of $338,100 and 2.3% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Elkins costs $750 per month, which is 12.8% cheaper than the national average of $860 and close to the state average of $750.

Can I afford Elkins?
To live comfortably in Elkins (zip 26241), West Virginia, a minimum annual income of $27,360 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Elkins?
The cost of living in 26241 Elkins, WV is relatively low. The median home price is $98,700, significantly lower than the US average of $219,700. The overall cost of living index for Elkins is 82.4 and the national average index is 100. This indicates that Elkins offers a more affordable lifestyle than many other areas across the country. Additionally, groceries, transportation and utilities are all far cheaper than the US averages. Therefore, living in 26241 Elkins, WV can be a great option for anyone looking for an affordable place to call home.
   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
  97.8  Unlock100.0
    Unlock127.0100.0
  40.2  Unlock100.0
    Unlock$139,700$338,100
  82.4  Unlock100.0
    Unlock90.1100.0
  92.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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