Cost of Living in Alderson, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.2
100 = national avg
-32.8 vs national average
Living Wage (1 Adult)
$29,554
per year
Living Wage (Family of 4)
$69,856
per year
Cost Index by Category
Housing69.4
Food75.8
Transportation51.7
Healthcare80.7
Utilities79.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$735
per month
2 Bedroom
$924
per month
The overall cost of living index in Alderson is 67.2, which is 32.8% below the national average. Housing costs are below the national average at an index of 69.4. A single adult needs to earn approximately $29,554 per year to cover basic expenses.