Housing costs in Hico?
A typical home costs
$147,600, which is 56.3% less expensive than the national average of
$338,100 and 5.7% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Hico costs
$1,020 per month, which is 18.6% more than the national average of
$860 and 19.6% more than the state average of
$820.
Can I afford Hico?
To live comfortably in Hico (zip 25854), West Virginia, a minimum annual income of
$28,440 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Hico?
The cost of living in 25854 Hico, WV is relatively low compared to other cities and towns across the country. According to the Council for Community and Economic Research, Hico has a cost of living index of 82.9, which is 18.1% below the national average. With an overall lower housing market and grocery prices than what is seen elsewhere, it is easy to see why many people choose to call this small West Virginia town home. In addition, with the median household income being 85% higher than the rest of the state, this provides an added incentive for those considering a move to this area.