Zip 24737 (Montcalm, WV) Cost of Living


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How much do I need to live in Montcalm, West Virginia?
$720 / month
for a family, 86.7% less expensive than the national average A total of $8,640 for the year for a family.
$1,667 / month
for a single person, 65.0% less expensive than the national average A total of $20,000 for the year for a single person.

Montcalm cost of living score
71.5
Less expensive
28.5% lower
than the US average
9.9% lower
than the West Virginia average
Montcalm (zip 24737), West Virginia gets a BestPlaces Cost of Living score of 71.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.5% lower than the U.S. average and 9.9% higher than the average for West Virginia.

Zip 24737 (Montcalm, WV)

Housing costs in Montcalm?
A typical home costs $45,400, which is 86.6% less expensive than the national average of $338,100 and 67.5% less expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Montcalm costs $600 per month, which is 30.2% cheaper than the national average of $860 and 26.7% cheaper than the state average of $760.

Can I afford Montcalm?
To live comfortably in Montcalm (zip 24737), West Virginia, a minimum annual income of $8,640 for a family, and $20,000 for a single person is recommended.

What does A.I. say about Montcalm?
The cost of living in 24737 Montcalm, WV is relatively low compared to other areas in the United States. According to BestPlaces, the cost of living index in this area is 79.1 out of 100 (compared to a US average of 100). This indicates that some goods and services are about 21% cheaper than the national average. Housing is especially affordable as the median home value is only $69,000, making it a great place for individuals and families who are looking for an affordable place to live. Groceries and transportation costs are also below average, making it a great location for those on a budget. Additionally, there is no state income tax in West Virginia so any wages earned will not be subject to taxation.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMontcalmWest VirginiaUnited States
    Unlock79.4100.0
  92.9  Unlock100.0
    Unlock127.0100.0
  17.7  Unlock100.0
    Unlock$139,700$338,100
  79.8  Unlock100.0
    Unlock90.1100.0
  94.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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