Cost of Living in Belmont, WV

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

83.4

100 = national avg

-16.6 vs national average

Living Wage (1 Adult)

$36,686

per year

Living Wage (Family of 4)

$86,712

per year

Cost Index by Category

Housing
63.7
Food
96.4
Transportation
92.9
Healthcare
97.1
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$662

per month

2 Bedroom

$869

per month

The overall cost of living index in Belmont is 83.4, which is 16.6% below the national average. Housing costs are below the national average at an index of 63.7. A single adult needs to earn approximately $36,686 per year to cover basic expenses.