Cost of Living in Parsons, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.6
100 = national avg
-25.4 vs national average
Living Wage (1 Adult)
$32,828
per year
Living Wage (Family of 4)
$77,593
per year
Cost Index by Category
Housing70.1
Food83.9
Transportation67.8
Healthcare87.1
Utilities84.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$699
per month
2 Bedroom
$869
per month
The overall cost of living index in Parsons is 74.6, which is 25.4% below the national average. Housing costs are below the national average at an index of 70.1. A single adult needs to earn approximately $32,828 per year to cover basic expenses.