Cost of Living in Mount Hope, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
56.1
100 = national avg
-43.9 vs national average
Living Wage (1 Adult)
$24,689
per year
Living Wage (Family of 4)
$58,356
per year
Cost Index by Category
Housing52.0
Food70.6
Transportation41.2
Healthcare76.5
Utilities72.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$697
per month
2 Bedroom
$915
per month
The overall cost of living index in Mount Hope is 56.1, which is 43.9% below the national average. Housing costs are below the national average at an index of 52.0. A single adult needs to earn approximately $24,689 per year to cover basic expenses.