Zip 26164 (Ravenswood, WV) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / West Virginia / No Metro Area / Jackson County / Ravenswood / Ravenswood (zip 26164)
How much do I need to live in Ravenswood, West Virginia?
$2,430 / month
for a family, 55.0% less expensive than the national average A total of $29,160 for the year for a family.
$2,700 / month
for a single person, 43.4% less expensive than the national average A total of $32,400 for the year for a single person.

Ravenswood cost of living score
78.9
Less expensive
21.1% lower
than the US average
0.6% lower
than the West Virginia average
Ravenswood (zip 26164), West Virginia gets a BestPlaces Cost of Living score of 78.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.1% lower than the U.S. average and 0.6% higher than the average for West Virginia.

Zip 26164 (Ravenswood, WV)

Housing costs in Ravenswood?
A typical home costs $152,300, which is 55.0% less expensive than the national average of $338,100 and 9.0% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Ravenswood costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 6.5% more than the state average of $860.

Can I afford Ravenswood?
To live comfortably in Ravenswood (zip 26164), West Virginia, a minimum annual income of $29,160 for a family, and $32,400 for a single person is recommended.

What does A.I. say about Ravenswood?
The cost of living in 26164 Ravenswood, WV is generally quite affordable. According to BestPlaces's latest Cost of Living Index, it is approximately 25% lower than the US average. Housing costs are especially low, with the median rent for a two-bedroom apartment being only $764 per month. Grocery and restaurant prices are also reasonable compared to other areas, with an average meal in an inexpensive restaurant costing around $15 and a gallon of milk costing about $2.50. Additionally, the city has several free public parks and recreation areas that make for great outdoor activities without any additional cost. Overall, Ravenswood provides residents with financial stability at an affordable cost of living.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRavenswoodWest VirginiaUnited States
    Unlock79.4100.0
  96.9  Unlock100.0
    Unlock127.0100.0
  38.3  Unlock100.0
    Unlock$139,700$338,100
  87.0  Unlock100.0
    Unlock90.1100.0
  85.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.