The cost of living index in Moundsville, West Virginia, stands at 88, which is 12% below the nationwide average of 100. Housing costs the least at 70, while utilities come close to the average at 95. Groceries, transportation, healthcare, and miscellaneous expenses are slightly above the national average, indicating a mixed financial landscape for potential residents.
The cost of living in Moundsville, West Virginia, presents a unique picture when compared to the nationwide average, which stands at 100. Housing costs in Moundsville are notably lower, with an index of 70. This suggests that housing expenses in Moundsville are 30% lower than the national average. Individuals and families may find the housing market in Moundsville to be quite affordable, offering a significant financial advantage.
In other areas, such as groceries and miscellaneous expenses, Moundsville also holds an edge with indices of 90. This means these costs are 10% below the national average. However, utilities in Moundsville cost slightly more, with an index of 95, which is 5% higher than average. Transportation costs stand at 85, meaning they are 15% below the national average, offering another area of potential savings. Healthcare costs in Moundsville match the national average at 100, indicating no significant difference in this essential area. Overall, Moundsville presents a cost-effective living environment in several key categories.