New Richmond, WV Economy

New Richmond, WV is a small town located in the Appalachian Mountains. Its population is quite low but it remains a vibrant and attractive place to live due to its affordable cost of living. The average 2 bedroom rent for New Richmond is $630, much cheaper compared to the U.S. average of $1,430. Furthermore, the Grocery Cost Index in New Richmond stands at 93 versus 100 in the U.S., offering residents even more savings on their grocery bills. \nThe city is home to several businesses that offer local services such as Wilbur's Auto Repair, Greasy Hand Garage, and Caili's Hardware & General Store. Restaurants such as Geezer's Pizzeria and Parkview Diner offer delicious meals from breakfast through dinner while small boutiques like Pit Stop Clothing provide great clothing options for all ages.