Cost of Living in West Virginia
Things cost about ▼ 11% less in West Virginia than the national average.
What Things Cost in West Virginia
Compared to the US national average
See raw index numbers
US national average = 100. Source: BEA Regional Price Parities 2023.
West Virginia is one of the most affordable states in the country, with a cost of living about 15% below the national average and housing nearly 38% below. The median home price of roughly $129,000 is the lowest or second-lowest in the nation. Morgantown (West Virginia University) is the standout: a college town with more energy and opportunity than the statewide data suggests. Charleston is the capital and largest city. The state faces real economic challenges, including population decline, an aging workforce, and limited job market diversity outside healthcare and government. For remote workers, retirees, and anyone with income sourced elsewhere, the purchasing power is exceptional.
West Virginia at a Glance
Taxes in West Virginia
West Virginia's state income tax tops out at Up to 5.12%. The combined sales tax averages 6%. Property taxes run about 0.49% of home value, which on a $129,000 median home means roughly $632/year.
Explore West Virginia
FAQ About West Virginia
West Virginia is among the two or three cheapest states, rivaling Mississippi and Arkansas. Housing is the standout at nearly 38% below the national average, with a median home price of about $129,000. The overall cost of living is about 15% below average. For someone with remote income or retirement savings, the purchasing power is exceptional. The main trade-off is limited economic opportunity within the state itself.
Morgantown is West Virginia's most dynamic city thanks to West Virginia University. It has a younger population, better healthcare access, restaurants and nightlife, and a cost of living well below the national average. The university provides stable employment and cultural events. Median home prices are higher than the state average but still very affordable by national standards, around $250,000.
West Virginia has a graduated income tax from 2.36% to 5.12%. The state is gradually reducing these rates and phasing out Social Security taxation. Property taxes are very low at about 0.57%. Sales tax is 6%. The overall tax burden is below the national average and continues to decline with ongoing reform.