Buckhannon, WV Cost Of Living
Cost Of Living In Buckhannon, WV Summary
Cost of living in Buckhannon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Buckhannon is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in West Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Buckhannon is 91, with 100 being the average.
The cost of living index in Buckhannon is 0.9x lower than the national average.
Buckhannon ranks as the #22 cheapest in West Virginia out of 31.
Buckhannon ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Buckhannon is $133,600.
The median income in Buckhannon is $46,602.
Table Of Contents
Buckhannon's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Buckhannon, WV?
According to the most recent data on the cost of living, Buckhannon has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to West Virginia, Buckhannon has a cost of living index that's 1.0x higher than West Virginia's index of 89.
The standard of living in Buckhannon ranks as #22 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Buckhannon ranks as the #9 most expensive place in the Mountain State.
For more reading on life in Buckhannon, check out:
- Living In Buckhannon
- Buckhannon Crime Report
- Search Homes For Sale In Buckhannon, WV
In West Virginia
In America
Buckhannon Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Buckhannon. Here is how it fairs on each of the criteria:
The Services index in Buckhannon is 105.
The Groceries index in Buckhannon is 98.
The Health index in Buckhannon is 91.
The Housing index in Buckhannon is 66.
The Transportation index in Buckhannon is 89.
The Utilities index in Buckhannon is 91.
| Living Expense | Buckhannon | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 91 | 89 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 98 | 98 | 100 | |
| Health | 91 | 99 | 100 | |
| Housing | 66 | 69 | 100 | |
| Transportation | 89 | 100 | 100 | |
| Utilities | 91 | 95 | 100 | |
Buckhannon, WV Housing Cost Breakdown
Housing swings affordability the most between places in West Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Buckhannon is $133,600.
The Median Rent in Buckhannon is $684.
The Median Income in Buckhannon is $46,602.
The Home Value To Income in Buckhannon is 2.9x.
The Rent To Monthly Income in Buckhannon is 0.18x.
| Statistic | Buckhannon | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $133,600 | $128,800 | $244,900 |
| Median Rent | $684 | $770 | $1,163 |
| Median Income | $46,602 | $50,884 | $69,021 |
| Home Value To Income | 2.9x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Buckhannon, WV Costs By Category
Detailed Buckhannon Services Costs Vs. West Virginia
| Item | Buckhannon | West Virginia |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $12.52 | $10.68 |
| Bowling | $13.05 | $14.67 |
| Haircut | $19.39 | $18.62 |
| Beauty Salon | $39.86 | $39.05 |
Detailed Buckhannon Groceries Costs Vs. West Virginia
| Item | Buckhannon | West Virginia |
|---|---|---|
| Ground Beef | $4.77 | $4.22 |
| Fried Chicken | $1.24 | $1.39 |
| Milk | $1.63 | $2.05 |
| Potatoes | $3.82 | $3.29 |
| Pizza | $10.01 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $1.83 | $2.34 |
Detailed Buckhannon Health Costs Vs. West Virginia
| Item | Buckhannon | West Virginia |
|---|---|---|
| Optometrist | $99.07 | $108.57 |
| Doctor | $90.46 | $116.17 |
| Dentist | $89.59 | $99.13 |
Detailed Buckhannon Transportation Costs Vs. West Virginia
| Item | Buckhannon | West Virginia |
|---|---|---|
| Gasoline | $2.09 | $2.22 |
| Tire Balancing | $36.67 | $50.07 |
Detailed Buckhannon Utilities Costs Vs. West Virginia
| Item | Buckhannon | West Virginia |
|---|---|---|
| All Electricity | $139.04 | $167.67 |
| Phone | $179.2 | $175.64 |
Buckhannon SnackAbility
/10
Cost Of Living In Cities Around Buckhannon
The cost of living varies in the cities and towns around Buckhannon. Here's a quick look at the cost of living in the most populous nearby places:
Morgantown, WV has a cost of living index of 94, 1.0x Buckhannon.
Fairmont, WV has a cost of living index of 88, 1.0x Buckhannon.
Clarksburg, WV has a cost of living index of 82, 0.9x Buckhannon.
| City | Population | Cost Of Living | Vs. Buckhannon |
|---|---|---|---|
| Morgantown, WV | 29,316 | 94 | 1.0x |
| Fairmont, WV | 18,369 | 88 | 1.0x |
| Clarksburg, WV | 16,085 | 82 | 0.9x |
| Bridgeport, WV | 9,165 | 101 | 1.1x |
| Elkins, WV | 6,980 | 85 | 0.9x |
| Brookhaven, WV | 6,606 | 95 | 1.0x |
