Cost of Living in Lavalette, WV
Housing
The housing market plays a significant role in determining the cost of living in Lavalette, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
Considering your data for Lavalette, WV, the housing index at 87.2 indicates a potentially buyer-favorable market, especially with the median home price set at 120000. While renting is not available in the data with average rents for 2BR apartments and houses both at 1190 and 1293, purchasing may be a more viable option here. Keep in mind that a low housing index may appeal to first-time buyers and investors. Be sure to research neighborhood amenities and market trends to maximize your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lavalette, 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 Lavalette, 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 Lavalette is a financially viable option for your relocation.