Cost of Living in Inwood, WV

B
11%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
22%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Inwood West Virginia National
Cost of living11185100
Goods & Services10995100
Groceries10898100
Health care9797100
Housing12262100
Transportation9594100
Utilities11096100
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Cost Of Living Quick Facts

  • The cost of living in Inwood is 30% higher than the West Virginia average
  • The cost of living in Inwood is 11% higher than the national average
  • Inwood housing is 22% higher than the national average
  • West Virginia general sales tax is 18% higher than the national average
  • West Virginia state income tax is 16% higher than the national average

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Compare Inwood, WV Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$69,420$5,785$1,620$2,083
      Renters$0$0$0$0

      West Virginia Sales Tax

      State General Sales Tax With Max Surtax
      West Virginia 6% 7%

      West Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      West Virginia 3% 6.5%

      Goods & Services

      Item Inwood National avg. Difference
      Haircut $26.11$24.267.6%
      Beauty Salon $70.08$45.5653.8%
      Toothpaste $3.81$3.702.8%
      Shampoo $1.51$1.2817.9%
      Movie $15.69$12.1329.3%
      Bowling $24.83$18.0038.0%

      Groceries

      Item Inwood National avg. Difference
      Ground Beef $6.24$5.846.9%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.78$4.672.2%
      Potatoes $5.49$4.9311.3%
      Pizza $12.56$12.093.9%
      Beer $11.10$10.416.6%

      Health Care

      Item Inwood National avg. Difference
      Optometrist $92.00$125.6826.8%
      Doctor $135.03$135.780.5%
      Dentist $117.67$113.293.9%
      Ibuprofen $11.52$10.658.1%
      Lipitor $403.79$468.6013.8%

      Housing

      Item Inwood National avg. Difference
      Home Price $188,100.00$184,700.001.8%
      Avg. Mortgage Payment $4,819.29$2,346.69105.4%
      Apartment Rent $1,611.00$949.0069.8%

      Transportation

      Item Inwood National avg. Difference
      Gasoline $3.25$3.466.0%
      Tire Balancing $59.00$59.921.5%

      Utilities

      Item Inwood National avg. Difference
      All Electricity $222.47$193.9914.7%
      Phone $197.37$192.252.7%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hedgesville, WV346991.2%
      Falling Waters, WV1,9911000.2%
      Martinsburg, WV17,5171021.7%
      Ranson, WV5,2171077.3%
      Shenandoah Junction, WV1,1291088.1%
      Inwood, WV2,70011111.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rossmoor, NJ2,7001022.1%
      Channel Islands Beach, CA2,699206106.1%
      Three Rivers, CA2,69912726.6%
      Clinton, NJ2,69913130.6%
      Dupont, PA2,699909.6%
      Inwood, WV2,70011111.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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