Zip 25276 (Spencer, WV) Cost of Living


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United States / West Virginia / No Metro Area / Roane County / Spencer / Spencer (zip 25276)

Spencer cost of living score
77.4
Less expensive
22.6% lower
than the US average
2.5% lower
than the West Virginia average
Spencer (zip 25276), West Virginia gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 2.5% higher than the average for West Virginia.

Zip 25276 (Spencer, WV)

Housing costs in Spencer?
A typical home costs $103,900, which is 69.3% less expensive than the national average of $338,100 and 25.6% less expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Spencer costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 19.4% cheaper than the state average of $860.

Can I afford Spencer?
To live comfortably in Spencer (zip 25276), West Virginia, a minimum annual income of $19,800 for a family, and $25,200 for a single person is recommended.

What does A.I. say about Spencer?
The cost of living in 25276 Spencer, WV is relatively low. According to the data compiled by the US Bureau of Labor Statistics, the overall cost of living in this area is around 8 percent lower than the national average. The cost of groceries, housing expenses, and transportation costs are all generally below the average for the United States. This means that those who move here will have an easier time getting by on their income than in other areas around the country. Furthermore, with its quaint downtowns and affordable housing options, 25276 Spencer, WV has become a popular destination for those looking to relocate or start a family.
   Cost of living score
     CategoriesSpencerWest VirginiaUnited States
  77.479.4100.0
  96.495.8100
  126.1127.0100.0
  29.639.3100.0
  $103,900$139,700$338,100
  87.2%85.9%100.0%
  80.790.1100.0
  71.985.1100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Spencer
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We moved here 2 years ago after a career in the US Army and federal gov't and searching in several states. The people here are incredibly nice and helpful. The taxes  More

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