Cost of Living in Welch, WV

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

Cost of Living Overview

Overall Index

53.6

100 = national avg

-46.4 vs national average

Living Wage (1 Adult)

$23,573

per year

Living Wage (Family of 4)

$55,717

per year

Cost Index by Category

Housing
28.3
Food
77.7
Transportation
55.3
Healthcare
82.1
Utilities
72.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$662

per month

2 Bedroom

$869

per month

The overall cost of living index in Welch is 53.6, which is 46.4% below the national average. Housing costs are below the national average at an index of 28.3. A single adult needs to earn approximately $23,573 per year to cover basic expenses.