Cost of Living in Red Jacket, WV

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

Cost of Living Overview

Overall Index

101.4

100 = national avg

+1.4 vs national average

Living Wage (1 Adult)

$44,599

per year

Living Wage (Family of 4)

$105,416

per year

Cost Index by Category

Housing
101.6
Utilities
100.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$696

per month

2 Bedroom

$898

per month

The overall cost of living index in Red Jacket is 101.4, which is 1.4% above the national average. Housing costs are above the national average at an index of 101.6. A single adult needs to earn approximately $44,599 per year to cover basic expenses.