Cost of Living in Paden city, WV
Housing
The housing market plays a significant role in determining the cost of living in Paden city, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $106,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
In considering a move to Paden city, WV, the current data points to an advantageous median home price of just 106000. However, the housing index and rents for both 2-bedroom apartments and houses are at 0.0, signifying potential challenges in the rental market. This could be an indicator of limited options or an unwelcoming environment for tenants. Before making a decision, it’s also wise to research job markets and neighborhood amenities, as these factors will play a significant role in your relocating experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Paden 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 Paden 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 Paden city is a financially viable option for your relocation.