Cost of Living in Petersburg, WV
Housing
The housing market plays a significant role in determining the cost of living in Petersburg, WV.
- Housing Index: 87.2 / 100
- Median Home Price is: $151,000
- Average Rent (2 BR Apartment): $1190 per month
- Average Rent (2 BR House): $1293 per month
When considering a move to Petersburg, WV, the housing market presents unique insights. With a housing index of 87.2, the area shows affordability, particularly evident as the median home price sits at 151000. The average rent for a 2-bedroom apartment is 1190, while a 2-bedroom house averages 1293. These figures suggest a vibrant rental market with options for both tenants and potential homeowners. Factor in local amenities and job opportunities to gauge overall livability – as affordable housing often correlates with quality lifestyle choices and stability in the community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Petersburg, 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 Petersburg, 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 Petersburg is a financially viable option for your relocation.