Cost of Living in Richwood, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
60.8
100 = national avg
-39.2 vs national average
Living Wage (1 Adult)
$26,765
per year
Living Wage (Family of 4)
$63,263
per year
Cost Index by Category
Housing52.6
Food75.7
Transportation51.4
Healthcare80.6
Utilities75.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$696
per month
2 Bedroom
$869
per month
The overall cost of living index in Richwood is 60.8, which is 39.2% below the national average. Housing costs are below the national average at an index of 52.6. A single adult needs to earn approximately $26,765 per year to cover basic expenses.