Parkersburg, WV Cost Of Living
Cost Of Living In Parkersburg, WV Summary
Cost of living in Parkersburg 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 Parkersburg 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 Parkersburg is 85, with 100 being the average.
The cost of living index in Parkersburg is 0.8x lower than the national average.
Parkersburg ranks as the #11 cheapest in West Virginia out of 31.
Parkersburg ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Parkersburg is $94,300.
The median income in Parkersburg is $38,960.
Table Of Contents
Parkersburg's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Parkersburg, WV?
According to the most recent data on the cost of living, Parkersburg has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to West Virginia, Parkersburg has a cost of living index that's 1.0x lower than West Virginia's index of 89.
The standard of living in Parkersburg ranks as #11 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Parkersburg ranks as the #20 most expensive place in the Mountain State.
For more reading on life in Parkersburg, check out:
- Living In Parkersburg
- Parkersburg Crime Report
- Search Homes For Sale In Parkersburg, WV
In West Virginia
In America
Parkersburg Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Parkersburg. Here is how it fairs on each of the criteria:
The Services index in Parkersburg is 105.
The Groceries index in Parkersburg is 99.
The Health index in Parkersburg is 90.
The Housing index in Parkersburg is 52.
The Transportation index in Parkersburg is 86.
The Utilities index in Parkersburg is 91.
| Living Expense | Parkersburg | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 85 | 89 | 100 | |
| Services | 105 | 96 | 100 | |
| Groceries | 99 | 98 | 100 | |
| Health | 90 | 99 | 100 | |
| Housing | 52 | 69 | 100 | |
| Transportation | 86 | 100 | 100 | |
| Utilities | 91 | 95 | 100 | |
Parkersburg, 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 Parkersburg is $94,300.
The Median Rent in Parkersburg is $704.
The Median Income in Parkersburg is $38,960.
The Home Value To Income in Parkersburg is 2.4x.
The Rent To Monthly Income in Parkersburg is 0.22x.
| Statistic | Parkersburg | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $94,300 | $128,800 | $244,900 |
| Median Rent | $704 | $770 | $1,163 |
| Median Income | $38,960 | $50,884 | $69,021 |
| Home Value To Income | 2.4x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Parkersburg, WV Costs By Category
Detailed Parkersburg Services Costs Vs. West Virginia
| Item | Parkersburg | West Virginia |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $12.52 | $10.68 |
| Bowling | $13.05 | $14.67 |
| Haircut | $19.39 | $18.62 |
| Beauty Salon | $39.86 | $39.05 |
Detailed Parkersburg Groceries Costs Vs. West Virginia
| Item | Parkersburg | West Virginia |
|---|---|---|
| Ground Beef | $4.77 | $4.22 |
| Fried Chicken | $1.24 | $1.39 |
| Milk | $1.63 | $2.05 |
| Potatoes | $3.82 | $3.29 |
| Pizza | $10.01 | $10.62 |
| Beer | $9.32 | $9.38 |
| Toothpaste | $1.83 | $2.34 |
Detailed Parkersburg Health Costs Vs. West Virginia
| Item | Parkersburg | West Virginia |
|---|---|---|
| Optometrist | $99.07 | $108.57 |
| Doctor | $90.46 | $116.17 |
| Dentist | $89.59 | $99.13 |
Detailed Parkersburg Transportation Costs Vs. West Virginia
| Item | Parkersburg | West Virginia |
|---|---|---|
| Gasoline | $2.09 | $2.22 |
| Tire Balancing | $36.67 | $50.07 |
Detailed Parkersburg Utilities Costs Vs. West Virginia
| Item | Parkersburg | West Virginia |
|---|---|---|
| All Electricity | $139.04 | $167.67 |
| Phone | $179.2 | $175.64 |
Parkersburg SnackAbility
/10
Cost Of Living In Cities Around Parkersburg
The cost of living varies in the cities and towns around Parkersburg. Here's a quick look at the cost of living in the most populous nearby places:
Murray, UT has a cost of living index of 106, 1.2x Parkersburg.
Athens, OH has a cost of living index of 93, 1.1x Parkersburg.
Marietta, OH has a cost of living index of 88, 1.0x Parkersburg.
| City | Population | Cost Of Living | Vs. Parkersburg |
|---|---|---|---|
| Murray, UT | 50,183 | 106 | 1.2x |
| Athens, OH | 24,507 | 93 | 1.1x |
| Marietta, OH | 13,559 | 88 | 1.0x |
| Vienna, WV | 10,676 | 89 | 1.0x |
| Newport, OR | 10,305 | 113 | 1.3x |
| Logan, OH | 7,010 | 82 | 1.0x |
| Belpre, OH | 6,676 | 85 | 1.0x |
| New Martinsville, WV | 5,208 | 85 | 1.0x |
