Zip 25446 (Summit Point, WV) Cost of Living


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Summit Point cost of living score
111.2
More expensive
11.2% higher
than the US average
40.1% higher
than the West Virginia average
Summit Point (zip 25446), West Virginia gets a BestPlaces Cost of Living score of 111.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 11.2% higher than the U.S. average and 40.1% higher than the average for West Virginia.

Zip 25446 (Summit Point, WV)

Housing costs in Summit Point?
A typical home costs $354,300, which is 4.8% more expensive than the national average of $338,100 and 153.6% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Summit Point costs $1,210 per month, which is 15.4% cheaper than the national average of $1,430 and 28.9% more than the state average of $860.

Can I afford Summit Point?
To live comfortably in Summit Point (zip 25446), West Virginia, a minimum annual income of $68,040 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Summit Point?
The cost of living in 25446 Summit Point, WV is quite affordable compared to many other places. The median home value in the area is just over $133,000, making it a great choice for those seeking a more budget-friendly option. Renters can also take advantage of more affordable rates compared to larger cities and towns, with an average rent of about $1,000 per month. Additionally, taxes are low in West Virginia overall, helping to keep overall costs low. With other necessities such as food and transportation running at or below the national average cost as well, 25446 Summit Point offers a great choice for those looking for affordability.
   Cost of living score
     CategoriesSummit PointWest VirginiaUnited States
  111.279.4100.0
  10795.8100
  124.6127.0100.0
  114.739.3100.0
  $354,300$139,700$338,100
  90.3%85.9%100.0%
  138.390.1100.0
  107.285.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime