The cost of living index in Kingwood, WV, is notably lower than the nationwide average of 100. Specifically, the overall cost of living in Kingwood stands at 87, reflecting a 13% decrease from the national average. This reduction is evident across various categories, including housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses.
For job seekers considering Kingwood, the lower cost of living can provide significant financial benefits. The housing index at 85 and miscellaneous costs at 80 are particularly advantageous, offering savings that can enhance overall quality of life.
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 85, indicating that residents can expect to pay 15% less than the national average for housing. This lower cost can be particularly appealing to job seekers looking for affordable living options.
In other areas, Kingwood also offers competitive prices. Groceries cost 90, meaning they are 10% less expensive than the national average. Utilities are slightly higher at 95, which is 5% more than the average. Transportation costs are on par with the national average at 90, offering no significant advantage or disadvantage. Healthcare costs are at 85, providing a 15% savings compared to the national average. Miscellaneous expenses are the lowest, at 80, which represents a 20% reduction from the national average. Overall, Kingwood provides a cost-effective living environment in several key areas.