Cost of Living in Oak hill, WV
Housing
The housing market plays a significant role in determining the cost of living in Oak hill, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $102,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
Analyzing the data for Oak hill, WV, we see a housing index of 87.2, indicating a cost-effective market. The median home price at 102000 is relatively low, appealing to first-time homebuyers looking for affordability. Moreover, average rent for a 2-bedroom apartment is set at 1190 while a 2-bedroom house is slightly higher at 1293, presenting options for rental flexibility. Given these factors, moving to Oak hill could be a beneficial choice for those prioritizing affordability without compromising on living standards.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oak hill, 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 Oak hill, 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 Oak hill is a financially viable option for your relocation.