Shepherdstown, WV, offers a lower cost of living compared to the nationwide average. The overall cost of living index in Shepherdstown stands at 94, which is 6% below the national average of 100. This lower cost is primarily due to the housing index, which is 15% below the national average.
Despite the lower housing costs, some areas like transportation are slightly higher, with an index of 105. Groceries and utilities are close to the national average, with indices of 98 and 95, respectively. This balanced cost of living makes Shepherdstown an attractive option for those seeking affordability without sacrificing quality.
Shepherdstown, WV, offers a cost of living that is generally lower than the nationwide average. The housing index stands at 85, which is 15% below the average. This means that housing expenses in Shepherdstown are more affordable compared to the rest of the country. For job seekers, this could translate into lower rent or mortgage payments, freeing up more of their budget for other needs.
In addition to housing, the grocery index in Shepherdstown is 98, which is just 2% below the average. This indicates that the cost of food is nearly on par with the national average, making it easy for residents to find reasonably priced groceries. Utilities, at 95, are also slightly below the average, offering a 5% savings. Transportation costs, however, are slightly higher at 105, meaning they are 5% above the national average. Despite this, the overall cost of living in Shepherdstown remains attractive, with healthcare costs at 100, matching the national average, and miscellaneous expenses at 90, which are 10% lower than average.