Cost of Living in Springfield, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
50.5
100 = national avg
-49.5 vs national average
Living Wage (1 Adult)
$22,202
per year
Living Wage (Family of 4)
$52,478
per year
Cost Index by Category
Housing20.0
Transportation104.5
Utilities76.0
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 Springfield is 50.5, which is 49.5% below the national average. Housing costs are below the national average at an index of 20.0. A single adult needs to earn approximately $22,202 per year to cover basic expenses.