Moundsville, WV, offers a lower cost of living compared to the nationwide average. The housing index stands at 75, which is 25% below the national average of 100. Additionally, grocery prices are at 90, utilities at 95, transportation at 85, healthcare at 100, and miscellaneous costs at 80. Overall, residents of Moundsville enjoy more affordable living expenses, with most categories under the national average.
The cost of living index in Moundsville, West Virginia, offers a more affordable lifestyle compared to the nationwide average, which is set at 100. Housing costs in Moundsville are notably lower, standing at 75 on the index. This means that housing expenses are 25% cheaper than the national average, making it an attractive option for those looking to save on living expenses. The lower housing costs can provide a significant financial advantage for residents.
Other costs in Moundsville also tend to be lower, though not as dramatically. Groceries are priced at 90, meaning they are 10% less expensive than the average. Utilities cost 95, only slightly higher than the national average, and transportation costs are at 85, which is 15% cheaper. Healthcare costs remain consistent with the national average at 100, indicating no significant difference in this category. Miscellaneous expenses sit at 80, showing they are 20% less costly. Overall, Moundsville presents several areas where residents can expect to spend less than the national average, particularly in housing and miscellaneous items.