Cost of Living in Ballard, WV
Housing
The housing market plays a significant role in determining the cost of living in Ballard, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $100,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
In considering a move to Ballard, WV, the data presents a median home price of 100000, suggesting that purchasing a home is quite affordable compared to many markets. However, the housing index is at 87.2, indicating potential fluctuating market conditions or a lack of rental options, as reflected by average rents for a 2-bedroom apartment at 1190 and house at 1293. Before making a decision, it’s essential to analyze local amenities, job opportunities, and lifestyle compatibility in Ballard for a well-rounded perspective.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ballard, WV.
- Electricity Price: $15.48 USD (median by state)
- Natural Gas Price: $23.05 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $206 per month
Living in Ballard, WV could entail higher utility costs. Electricity costs sit at $15.48, while natural gas is priced at $23.05 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $206 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Ballard is a financially viable option for your relocation.