Cost of living in Charles Town 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 Charles Town 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 Charles Town is 101, with 100 being the average.
The cost of living index in Charles Town is 1.0x higher than the national average.
Charles Town ranks as the #29 cheapest in West Virginia out of 31.
Charles Town ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Charles Town is $298,300.
The median income in Charles Town is $79,158.
According to the most recent data on the cost of living, Charles Town has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to West Virginia, Charles Town has a cost of living index that's 1.1x higher than West Virginia's index of 89.
The standard of living in Charles Town ranks as #29 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Charles Town ranks as the #2 most expensive place in the Mountain State.
For more reading on life in Charles Town, check out:
Six factors go into calculating the cost of living index in Charles Town. Here is how it fairs on each of the criteria:
The Services index in Charles Town is 100.
The Groceries index in Charles Town is 94.
The Health index in Charles Town is 101.
The Housing index in Charles Town is 110.
The Transportation index in Charles Town is 94.
The Utilities index in Charles Town is 99.
Living Expense | Charles Town | West Virginia | National Average | |
---|---|---|---|---|
Overall | 101 | 89 | 100 | |
Services | 100 | 96 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 101 | 99 | 100 | |
Housing | 110 | 69 | 100 | |
Transportation | 94 | 100 | 100 | |
Utilities | 99 | 95 | 100 |
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 Charles Town is $298,300.
The Median Rent in Charles Town is $893.
The Median Income in Charles Town is $79,158.
The Home Value To Income in Charles Town is 3.8x.
The Rent To Monthly Income in Charles Town is 0.14x.
Statistic | Charles Town | West Virginia | United States |
---|---|---|---|
Median Home Value | $298,300 | $128,800 | $244,900 |
Median Rent | $893 | $770 | $1,163 |
Median Income | $79,158 | $50,884 | $69,021 |
Home Value To Income | 3.8x | 2.5x | 3.5x |
Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Item | Charles Town | West Virginia |
---|---|---|
Shampoo | $1.49 | $1.06 |
Movie | $10.46 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $10.53 | $18.62 |
Beauty Salon | $31.08 | $39.05 |
Item | Charles Town | West Virginia |
---|---|---|
Ground Beef | $4.13 | $4.22 |
Fried Chicken | $1.22 | $1.39 |
Milk | $2.23 | $2.05 |
Potatoes | $3.01 | $3.29 |
Pizza | $11.5 | $10.62 |
Beer | $10.99 | $9.38 |
Toothpaste | $3.41 | $2.34 |
Item | Charles Town | West Virginia |
---|---|---|
Optometrist | $111.67 | $108.57 |
Doctor | $108.27 | $116.17 |
Dentist | $108.44 | $99.13 |
Item | Charles Town | West Virginia |
---|---|---|
Gasoline | $2.28 | $2.22 |
Tire Balancing | $37.25 | $50.07 |
Item | Charles Town | West Virginia |
---|---|---|
All Electricity | $171.46 | $167.67 |
Phone | $177.97 | $175.64 |