Zip 25843 (Ghent, WV) Cost of Living


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How much do I need to live in Ghent, West Virginia?
$6,330 / month
for a family, 17.2% more expensive than the national average A total of $75,960 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Ghent cost of living score
75
Less expensive
25.0% lower
than the US average
5.5% lower
than the West Virginia average
Ghent (zip 25843), West Virginia gets a BestPlaces Cost of Living score of 75, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.0% lower than the U.S. average and 5.5% higher than the average for West Virginia.

Zip 25843 (Ghent, WV)

Housing costs in Ghent?
A typical home costs $396,400, which is 17.2% more expensive than the national average of $338,100 and 183.8% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Ghent costs $820 per month, which is 4.7% cheaper than the national average of $860 and close to the state average of $820.

Can I afford Ghent?
To live comfortably in Ghent (zip 25843), West Virginia, a minimum annual income of $75,960 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Ghent?
The cost of living in 25843 Ghent, WV is relatively low compared to other parts of the state or country. The median home value for this area is $89,900 while the median household income is $44,583. This means that many people are able to purchase homes at prices well below their income level. Additionally, the average rental price for a two-bedroom apartment in Ghent is only $726 per month which is much lower than the national average. Groceries and other essentials are also inexpensive in this area. All these factors combine to create an affordable cost of living in Ghent that makes it an attractive location for those looking to settle down and save money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGhentWest VirginiaUnited States
    Unlock79.4100.0
  99.7  Unlock100.0
    Unlock127.0100.0
  73.0  Unlock100.0
    Unlock$139,700$338,100
  81.3  Unlock100.0
    Unlock90.1100.0
  96.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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