The cost of living index in Kingwood, WV, stands at 85, which is 5% lower than the nationwide average of 100. This lower index suggests that residents may find expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items to be more affordable compared to the national average.
Kingwood's housing index of 75 indicates a significant 25% reduction from the national average, making it a particularly attractive option for those seeking affordable living conditions. Other categories, such as groceries and utilities, also show a slight decrease, while healthcare and miscellaneous items remain relatively close to the national average.
The cost of living in Kingwood, West Virginia, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Kingwood stand at 75, which is 25% lower than the national average. This means that residents can expect to pay significantly less for housing, making it an attractive option for those looking to save on living expenses.
In other areas, Kingwood also offers competitive costs. Groceries, for example, have a cost of living index of 90, which is 10% lower than the national average. Utilities are at 85, which is 15% below the average. Transportation costs are at 80, meaning they are 20% less than the national average. Healthcare costs are slightly higher, with an index of 95, which is 5% above the average. Miscellaneous expenses are at 88, which is 12% lower than the national average. Overall, Kingwood provides a cost-effective living environment with several areas below the national average.
