Zip 25692 (Red Jacket, WV) Cost of Living


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United States / West Virginia / No Metro Area / Mingo County / Red Jacket / Red Jacket (zip 25692)
How much do I need to live in Red Jacket, West Virginia?
$1,620 / month
for a family, 70.0% less expensive than the national average A total of $19,440 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.

Red Jacket cost of living score
78.8
Less expensive
21.2% lower
than the US average
0.8% lower
than the West Virginia average
Red Jacket (zip 25692), West Virginia gets a BestPlaces Cost of Living score of 78.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.2% lower than the U.S. average and 0.8% higher than the average for West Virginia.

Zip 25692 (Red Jacket, WV)

Housing costs in Red Jacket?
A typical home costs $100,600, which is 70.2% less expensive than the national average of $338,100 and 28.0% less expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Red Jacket costs $660 per month, which is 53.8% cheaper than the national average of $1,430 and 30.3% cheaper than the state average of $860.

Can I afford Red Jacket?
To live comfortably in Red Jacket (zip 25692), West Virginia, a minimum annual income of $19,440 for a family, and $20,000 for a single person is recommended.

What does A.I. say about Red Jacket?
The cost of living in 25692 Red Jacket, WV is relatively low. The median home value is around $50,000, which is significantly lower than the national average of $184,700. Additionally, the median household income for Red Jacket residents is approximately $33,438 per year; which means that most families are able to comfortably cover their costs of living in the area. In terms of taxes, property tax rates are below the national average and sales tax rates are slightly higher than the national average. All in all, with its low cost of living and competitive housing prices and taxes, Red Jacket provides a great place for people to live without spending too much money.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesRed JacketWest VirginiaUnited States
    Unlock79.4100.0
  94.8  Unlock100.0
    Unlock127.0100.0
  20.6  Unlock100.0
    Unlock$139,700$338,100
  88.9  Unlock100.0
    Unlock90.1100.0
  72.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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