Fayetteville, WV, offers a lower cost of living compared to the nationwide average, which is set at 100. The overall cost of living index in Fayetteville stands at 86, indicating that residents can expect to spend about 14% less than the national average. This reduction is primarily due to the housing index, which is 30% lower than the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also contribute to this favorable cost of living, though they remain close to the national average.
Fayetteville, WV, presents a cost of living that is notably lower than the nationwide average. The housing index in Fayetteville stands at 70, which is 30% less than the national average of 100. This suggests that housing expenses in Fayetteville are significantly more affordable, making it an attractive option for those looking to save on living costs.
In addition to housing, other areas such as groceries and utilities also show a lower cost of living. The grocery index in Fayetteville is 90, which is 10% less than the national average. Similarly, the utilities index is 95, only 5% below the national average. These figures indicate that residents of Fayetteville can expect to spend less on daily necessities compared to the average American. Transportation, healthcare, and miscellaneous costs also remain relatively low, with indices of 85, 95, and 85, respectively. This paints a picture of Fayetteville as a place where the cost of living is generally lower, offering potential savings for job seekers and families.
