Cost of Living in Romney, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.9
100 = national avg
-26.1 vs national average
Living Wage (1 Adult)
$32,512
per year
Living Wage (Family of 4)
$76,846
per year
Cost Index by Category
Housing65.6
Food79.9
Transportation89.9
Healthcare83.9
Utilities81.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,255
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Romney is 73.9, which is 26.1% below the national average. Housing costs are below the national average at an index of 65.6. A single adult needs to earn approximately $32,512 per year to cover basic expenses.