Cost of Living in Coal city, WV
Housing
The housing market plays a significant role in determining the cost of living in Coal city, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $181,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
Considering the data for Coal city, WV, it's evident that the 87.2 index stands at an alarming low of 0.0, which raises concerns about the housing market's viability. The median home price of 181000 indicates affordability compared to national averages, but with both average rents for 2BR apartments and houses also showing as 0.0, this could suggest a serious lack of rental options. It's critical to explore factors such as job market viability, local amenities, and community growth to further analyze potential livability before making any decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Coal city, 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 Coal city, 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 Coal city is a financially viable option for your relocation.