The cost of living index in Elkins, WV, shows a mixed picture compared to the nationwide average of 100. Housing costs are notably lower, with an index of 70, meaning they are 30% cheaper than the average. However, groceries and transportation are slightly higher, with indexes of 90 and 95, respectively, indicating a 10% and 5% increase over the national average.
The cost of living in Elkins, WV, presents a favorable comparison to the nationwide average. Housing costs are notably lower, with an index of 70, which means they are 30% cheaper than the national average. This reduction can significantly benefit job seekers looking to settle in Elkins, as housing expenses are a major component of living costs.
Additionally, the cost of groceries in Elkins stands at 90, which is 10% less than the national average. This makes everyday food purchases more affordable. Utilities, with an index of 85, are 15% cheaper than the average, offering another area of savings. Transportation costs are slightly higher, at 95, which means they are 5% more than the national average. Healthcare costs remain on par with the national average, with an index of 100, ensuring no extra burden in this critical area. Miscellaneous expenses, with an index of 80, are 20% lower than the national average, providing further financial relief. Overall, Elkins offers a cost-effective living environment with several areas of savings.
