Fairmont, WV Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
84
Fairmont's Overall Cost Of Living
0.8x
Lower Than The National Average
15 out of 32
In West Virginia
647 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Fairmont is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Fairmont, WV?

According to the most recent data on the cost of living, Fairmont has an overall cost of living index of 84 which is 0.8x lower than the national index of 100.

Compared to only West Virginia, Fairmont has a cost of living index that's 1.0x lower than West Virginia's index of 84.

The standard of living in Fairmont ranks as #647 most affordable out of the 6,522 places we measured in West Virginia. By definition, that implies Fairmont ranks as the #5,760 most expensive place in the Mountain State.

For more reading on life in Fairmont, check out:

Fairmont Cost Of Living Vs. West Virginia

Living Expense Fairmont West Virginia National Average
Overall 84 84 100
Services 100 100 100
Groceries 91 91 100
Health 88 88 100
Housing 61 62 100
Transportation 87 87 100
Utilities 89 89 100
For more reading on cost of living around West Virginia, check out:
Fairmont Cost of Living Vs. WV

Fairmont, WV Housing Cost Breakdown

Housing swings affordability the most between places in West Virginia, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$110,900
Median Home Value
$754
Median Rent
$43,319
Median Income
Statistic Fairmont West Virginia United States
Median Home Value $110,900 $119,600 $217,500
Median Rent $754 $725 $1,062
Median Income $43,319 $46,711 $62,843
Home Value To Income 2.6x 2.6x 3.5x
Rent To Monthly Income 0.21x 0.19x 0.2x

Detailed Fairmont Services Costs Vs. West Virginia

Item Fairmont West Virginia
Shampoo $1.17 $1.01
Movie $12.53 $10.72
Bowling $13.33 $13.86

Detailed Fairmont Groceries Costs Vs. West Virginia

Item Fairmont West Virginia
Ground Beef $4.23 $3.9
Fried Chicken $1.34 $1.4
Milk $1.53 $1.96

Detailed Fairmont Health Costs Vs. West Virginia

Item Fairmont West Virginia
Haircut $15.62 $17.49
Beauty Salon $33.53 $38.17
Toothpaste $2.22 $2.32

Detailed Fairmont Transportation Costs Vs. West Virginia

Item Fairmont West Virginia
Potatoes $2.7 $3.18
Pizza $9.85 $10.39
Beer $8.85 $9.23
Optometrist $99.07 $106.34
Doctor $90.46 $115.25
Dentist $89.59 $98.38

Detailed Fairmont Utilities Costs Vs. West Virginia

Item Fairmont West Virginia
Gasoline $2.46 $2.59
Tire Balancing $36.67 $48.9
All Electricity $139.66 $167.6
Phone $174.84 $163.42

Fairmont SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
6
Safety
N/A
Amenities
8.5
Education
8
Commute
8.5

Cost Of Living In Cities Around Fairmont

City Population Cost Of Living Vs. Fairmont
Morgantown, WV 30,712 93 1.1x
Clarksburg, WV 15,553 81 1.0x
Bridgeport, WV 8,556 98 1.2x
Brookhaven, WV 6,043 93 1.1x
Grafton, WV 5,061 79 0.9x

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