The Beckley, West Virginia, metro area is the cheapest place to live in the US.
Is WV a cheap state to live in?
“The cost of living is well worth it,” she said. According to data from the West Virginia Department of Commerce, West Virginia’s cost of living is 94.4, or 5.6 percent below the national average.
Is it cheaper to live in West Virginia or Virginia?
Our cost of living indices are based on a US average of 100. An amount below 100 means West Virginia is cheaper than the US average.
West Virginia cost of living is 78.1.
| COST OF LIVING | West Virginia | United States |
|---|---|---|
| Housing | 41.7 | 100 |
| Median Home Cost | $114,600 | $291,700 |
| Utilities | 85.9 | 100 |
| Transportation | 90.1 | 100 |
Is West Virginia the cheapest state?
CLARKSBURG, W.Va. (WBOY) — A new report from doxo, a bill-paying app, ranked states according to household bills using their anonymized bill pay data, which they say covers 97% of US ZIP codes.
What is the best small town to live in West Virginia?
Cheat Lake. According to statistics, Cheat Lake is the best place to live in West Virginia, and in turn, the best place to raise a family. There are 10 public schools in the Cheat Lake area offering parents a great amount of choice for their little ones.
How much money do I need to live in West Virginia?
West Virginia Housing Costs
The typical renter in West Virginia spends $711 a month on housing, $312 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $527, while the typical rent for a unit with five or more bedrooms is $902.
Where should you not live in West Virginia?
According To FBI Statistics, These Are The 10 Most Dangerous Cities In West Virginia
- Beckley. Beckley, WV 25801, USA.
- Charleston. Charleston, WV, USA.
- Dunbar. Dunbar, WV 25064, USA.
- Moorefield. Moorefield, WV 26836, USA.
- South Charleston. South Charleston, WV, USA.
- Nitro. Nitro, WV, USA.
- Martinsburg. Martinsburg, WV, USA.
- Vienna.
How much money do you need to make to live comfortably in WV?
A family with with both parents working full time making $9.60/hour, which would put it in the 20th percentile (and above the minimum wage), would earn $39,963 annually, nearly $20,000 short of what is needed to live securely.
Will they pay you to move to West Virginia?
Here is how it works. The program offers a total value of $20,000 to newcomers through the program. Those remote workers would initially get $10,000 to move to one of the three pilot areas that launched in 2021: Lewisburg, Shepherdstown, or Morgantown. Then, they’d receive another $2,000 for the second year.
Why are homes in WV so cheap?
Because the population centers are relatively small, the tax base for services is lower in West Virginia than in other parts of the country. The lower real estate costs can save you some money here too, but that also means there are fewer funds available for public services.
How much does a home cost in West Virginia?
$137,379. The typical home value of homes in West Virginia is $137,379. This value is seasonally adjusted and only includes the middle price tier of homes.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
What is the cheapest US state to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Is it cheaper to live in West Virginia or North Carolina?
North Carolina is 7.8% more expensive than West Virginia.
Where is the safest place to live in West Virginia?
West Virginians enjoy lower crime rates than many other states, and its safest cities have remarkably low numbers of reported crimes.
Here are the 5 Safest Cities in West Virginia for 2022
- Oak Hill.
- Weirton.
- Charles Town.
- Bridgeport.
- Moundsville.
What should I know before moving to West Virginia?
Things to Consider Before Moving to WV. Top Places to Live in the Appalachian State.
Tax Rates
- Property Tax: 0.59%. The effective real-estate tax rate is #8 lowest in the US.
- Sales Tax: WV base state sales tax rate: 6%.
- Income Tax: 3–6.5%.
What is the average hourly wage in WV?
$22
Hourly Rate Salary in West Virginia
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $75,684 | $36 |
| 75th Percentile | $46,505 | $22 |
| Average | $45,898 | $22 |
| 25th Percentile | $26,900 | $13 |
What is the poorest part of West Virginia?
1. Marion County is the poorest county in the Mountain State. The poorest part of West Virginia, It has a per capita income of $12,955. Pictured is its county courthouse in Fairmont.
What is the best place to live in West Virginia?
Bridgeport in Harrison County has been named the best place to live in West Virginia. It has A rankings in housing, good for families and jobs. It also has several A- in public schools and health & fitness. The lowest categories in Bridgeport are B- in crime & safety, nightlife, weather and commute.
What city has the highest crime rate in WV?
West Virginia Crime Index City Rank
| Rank | Crime Index ▲ | City / Population |
|---|---|---|
| 1. | 0 | Albright, WV / 295 |
| 1. | 0 | Kermit, WV / 281 |
| 1. | 0 | Hundred, WV / 284 |
| 1. | 0 | Parsons, WV / 1,390 |
Does WV tax Social Security?
As described below, Social Security benefits and other types of retirement income are taxed in West Virginia, but seniors can claim a deduction to offset them. That, combined with West Virginia’s low cost of living, means it can be possible for a retiree to live in the state on a relatively small annual income.