Cost of living in Clarksburg research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Clarksburg is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in West Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Clarksburg is 82, with 100 being the average.
The cost of living index in Clarksburg is 0.8x lower than the national average.
Clarksburg ranks as the #5 cheapest in West Virginia out of 31.
Clarksburg ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Clarksburg is $92,100.
The median income in Clarksburg is $42,254.
According to the most recent data on the cost of living, Clarksburg has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to West Virginia, Clarksburg has a cost of living index that's 0.9x lower than West Virginia's index of 89.
The standard of living in Clarksburg ranks as #5 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Clarksburg ranks as the #26 most expensive place in the Mountain State.
For more reading on life in Clarksburg, check out:
Six factors go into calculating the cost of living index in Clarksburg. Here is how it fairs on each of the criteria:
The Services index in Clarksburg is 105.
The Groceries index in Clarksburg is 101.
The Health index in Clarksburg is 88.
The Housing index in Clarksburg is 49.
The Transportation index in Clarksburg is 88.
The Utilities index in Clarksburg is 88.
|Living Expense||Clarksburg||West Virginia||National Average|
Housing swings affordability the most between places in West Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Clarksburg is $92,100.
The Median Rent in Clarksburg is $723.
The Median Income in Clarksburg is $42,254.
The Home Value To Income in Clarksburg is 2.2x.
The Rent To Monthly Income in Clarksburg is 0.21x.
|Statistic||Clarksburg||West Virginia||United States|
|Median Home Value||$92,100||$128,800||$244,900|
|Home Value To Income||2.2x||2.5x||3.5x|
|Rent To Monthly Income||0.21x||0.18x||0.2x|
The cost of living varies in the cities and towns around Clarksburg. Here's a quick look at the cost of living in the most populous nearby places:
Morgantown, WV has a cost of living index of 94, 1.1x Clarksburg.
Fairmont, WV has a cost of living index of 88, 1.1x Clarksburg.
Newport, OR has a cost of living index of 113, 1.4x Clarksburg.
|City||Population||Cost Of Living||Vs. Clarksburg|
|Cheat Lake, WV||10,187||107||1.3x|
|New Martinsville, WV||5,208||85||1.0x|