Cost of Living in Boaz, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
127.4
100 = national avg
+27.4 vs national average
Living Wage (1 Adult)
$56,046
per year
Living Wage (Family of 4)
$132,473
per year
Cost Index by Category
Housing123.8
Food120.9
Transportation141.7
Healthcare116.7
Utilities117.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$928
per month
The overall cost of living index in Boaz is 127.4, which is 27.4% above the national average. Housing costs are above the national average at an index of 123.8. A single adult needs to earn approximately $56,046 per year to cover basic expenses.