Cost of Living in Cheat Lake, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
144.7
100 = national avg
+44.7 vs national average
Living Wage (1 Adult)
$63,651
per year
Living Wage (Family of 4)
$150,448
per year
Cost Index by Category
Housing136.2
Food135.1
Transportation170.3
Healthcare128.1
Utilities128.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$877
per month
2 Bedroom
$1,099
per month
The overall cost of living index in Cheat Lake is 144.7, which is 44.7% above the national average. Housing costs are above the national average at an index of 136.2. A single adult needs to earn approximately $63,651 per year to cover basic expenses.