Cost of Living in Fairmont, WV

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

Cost of Living Overview

Overall Index

92.5

100 = national avg

-7.5 vs national average

Living Wage (1 Adult)

$40,700

per year

Living Wage (Family of 4)

$96,200

per year

Cost Index by Category

Housing
88.2
Food
96.5
Transportation
92.9
Healthcare
97.2
Utilities
95.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$838

per month

2 Bedroom

$1,007

per month

The overall cost of living index in Fairmont is 92.5, which is 7.5% below the national average. Housing costs are below the national average at an index of 88.2. A single adult needs to earn approximately $40,700 per year to cover basic expenses.