Fairmont, WV Cost Of Living
Fairmont's Overall Cost Of Living
Lower Than The National Average
In West Virginia
In America
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 88 which is 0.9x 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 88.
The standard of living in Fairmont ranks as #1,278 most affordable out of the 6,418 places we measured in West Virginia. By definition, that implies Fairmont ranks as the #5,140 most expensive place in the Mountain State.
Fairmont Cost Of Living Vs. West Virginia
| Living Expense | Fairmont | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 88 | 88 | 100 | |
| Services | 106 | 106 | 100 | |
| Groceries | 97 | 100 | 100 | |
| Health | 87 | 87 | 100 | |
| Housing | 62 | 63 | 100 | |
| Transportation | 88 | 89 | 100 | |
| Utilities | 91 | 90 | 100 | |
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.
Median Home Value
Median Rent
Median Income
| Statistic | Fairmont | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $117,000 | $123,200 | $229,800 |
| Median Rent | $786 | $732 | $1,096 |
| Median Income | $45,540 | $48,037 | $64,994 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Detailed Fairmont Services Costs Vs. West Virginia
| Item | Fairmont | West Virginia |
|---|---|---|
| Shampoo | $1.08 | $1.06 |
| Movie | $12.52 | $10.68 |
| Bowling | $13.05 | $14.67 |
Detailed Fairmont Groceries Costs Vs. West Virginia
| Item | Fairmont | West Virginia |
|---|---|---|
| Ground Beef | $4.77 | $4.22 |
| Fried Chicken | $1.24 | $1.39 |
| Milk | $1.63 | $2.05 |
Detailed Fairmont Health Costs Vs. West Virginia
| Item | Fairmont | West Virginia |
|---|---|---|
| Haircut | $19.39 | $18.62 |
| Beauty Salon | $39.86 | $39.05 |
| Toothpaste | $1.83 | $2.34 |
Detailed Fairmont Transportation Costs Vs. West Virginia
| Item | Fairmont | West Virginia |
|---|---|---|
| Potatoes | $3.82 | $3.29 |
| Pizza | $10.01 | $10.62 |
| Beer | $9.32 | $9.38 |
| Optometrist | $99.07 | $108.57 |
| Doctor | $90.46 | $116.17 |
| Dentist | $89.59 | $99.13 |
Detailed Fairmont Utilities Costs Vs. West Virginia
| Item | Fairmont | West Virginia |
|---|---|---|
| Gasoline | $2.09 | $2.22 |
| Tire Balancing | $36.67 | $50.07 |
| All Electricity | $139.04 | $167.67 |
| Phone | $179.2 | $175.64 |
Fairmont SnackAbility
/10
Cost Of Living In Cities Around Fairmont
| City | Population | Cost Of Living | Vs. Fairmont |
|---|---|---|---|
| Morgantown, WV | 30,953 | 94 | 1.1x |
| Clarksburg, WV | 15,743 | 82 | 0.9x |
| Bridgeport, WV | 8,675 | 101 | 1.1x |
| Brookhaven, WV | 6,293 | 95 | 1.1x |
| Grafton, WV | 5,035 | 80 | 0.9x |
