Beckley, WV Cost Of Living
Cost Of Living In Beckley, WV Summary
Cost of living in Beckley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Beckley is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in West Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Beckley is 87, with 100 being the average.
The cost of living index in Beckley is 0.9x lower than the national average.
Beckley ranks as the #15 cheapest in West Virginia out of 31.
Beckley ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Beckley is $110,600.
The median income in Beckley is $39,845.
Table Of Contents
Beckley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Beckley, WV?
According to the most recent data on the cost of living, Beckley has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to West Virginia, Beckley has a cost of living index that's 1.0x lower than West Virginia's index of 89.
The standard of living in Beckley ranks as #15 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Beckley ranks as the #16 most expensive place in the Mountain State.
For more reading on life in Beckley, check out:
- Living In Beckley
- Beckley Crime Report
- Search Homes For Sale In Beckley, WV
In West Virginia
In America
Beckley Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Beckley. Here is how it fairs on each of the criteria:
The Services index in Beckley is 98.
The Groceries index in Beckley is 96.
The Health index in Beckley is 91.
The Housing index in Beckley is 66.
The Transportation index in Beckley is 93.
The Utilities index in Beckley is 85.
| Living Expense | Beckley | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 87 | 89 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 91 | 99 | 100 | |
| Housing | 66 | 69 | 100 | |
| Transportation | 93 | 100 | 100 | |
| Utilities | 85 | 95 | 100 | |
Beckley, WV Housing Cost Breakdown
Housing swings affordability the most between places in West Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Beckley is $110,600.
The Median Rent in Beckley is $765.
The Median Income in Beckley is $39,845.
The Home Value To Income in Beckley is 2.8x.
The Rent To Monthly Income in Beckley is 0.23x.
| Statistic | Beckley | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $110,600 | $128,800 | $244,900 |
| Median Rent | $765 | $770 | $1,163 |
| Median Income | $39,845 | $50,884 | $69,021 |
| Home Value To Income | 2.8x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Beckley, WV Costs By Category
Detailed Beckley Services Costs Vs. West Virginia
| Item | Beckley | West Virginia |
|---|---|---|
| Shampoo | $0.92 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $13.78 | $14.67 |
| Haircut | $13.38 | $18.62 |
| Beauty Salon | $36.03 | $39.05 |
Detailed Beckley Groceries Costs Vs. West Virginia
| Item | Beckley | West Virginia |
|---|---|---|
| Ground Beef | $4.55 | $4.22 |
| Fried Chicken | $1.18 | $1.39 |
| Milk | $1.85 | $2.05 |
| Potatoes | $3.79 | $3.29 |
| Pizza | $10.26 | $10.62 |
| Beer | $9.92 | $9.38 |
| Toothpaste | $1.86 | $2.34 |
Detailed Beckley Health Costs Vs. West Virginia
| Item | Beckley | West Virginia |
|---|---|---|
| Optometrist | $82.63 | $108.57 |
| Doctor | $107.12 | $116.17 |
| Dentist | $93.5 | $99.13 |
Detailed Beckley Transportation Costs Vs. West Virginia
| Item | Beckley | West Virginia |
|---|---|---|
| Gasoline | $2.13 | $2.22 |
| Tire Balancing | $41.02 | $50.07 |
Detailed Beckley Utilities Costs Vs. West Virginia
| Item | Beckley | West Virginia |
|---|---|---|
| All Electricity | $130.92 | $167.67 |
| Phone | $177.97 | $175.64 |
Beckley SnackAbility
/10
Cost Of Living In Cities Around Beckley
The cost of living varies in the cities and towns around Beckley. Here's a quick look at the cost of living in the most populous nearby places:
Charleston, WV has a cost of living index of 87, 1.0x Beckley.
South Charleston, WV has a cost of living index of 86, 1.0x Beckley.
Bluefield, WV has a cost of living index of 78, 0.9x Beckley.
| City | Population | Cost Of Living | Vs. Beckley |
|---|---|---|---|
| Charleston, WV | 49,055 | 87 | 1.0x |
| South Charleston, WV | 13,595 | 86 | 1.0x |
| Bluefield, WV | 9,699 | 78 | 0.9x |
| Oak Hill, WV | 8,228 | 79 | 0.9x |
| Princeton, WV | 5,885 | 81 | 0.9x |
