Cost of Living in Elkview, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.4
100 = national avg
-2.6 vs national average
Living Wage (1 Adult)
$42,869
per year
Living Wage (Family of 4)
$101,326
per year
Cost Index by Category
Housing81.1
Food105.0
Transportation109.9
Healthcare104.0
Utilities99.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$829
per month
2 Bedroom
$1,036
per month
The overall cost of living index in Elkview is 97.4, which is 2.6% below the national average. Housing costs are below the national average at an index of 81.1. A single adult needs to earn approximately $42,869 per year to cover basic expenses.