Cost of living in Pea Ridge 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 Pea Ridge 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 Pea Ridge is 92, with 100 being the average.
The cost of living index in Pea Ridge is 0.9x lower than the national average.
Pea Ridge ranks as the #20 cheapest in West Virginia out of 30.
Pea Ridge ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Pea Ridge is $204,922.
The median income in Pea Ridge is $67,708.
According to the most recent data on the cost of living, Pea Ridge has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to West Virginia, Pea Ridge has a cost of living index that's 1.1x higher than West Virginia's index of 87.
The standard of living in Pea Ridge ranks as #20 most affordable out of the 30 places we measured in West Virginia. By definition, that implies Pea Ridge ranks as the #10 most expensive place in the Mountain State.
For more reading on life in Pea Ridge, check out:
Six factors go into calculating the cost of living index in Pea Ridge. Here is how it fairs on each of the criteria:
The Services index in Pea Ridge is 93.
The Groceries index in Pea Ridge is 98.
The Health index in Pea Ridge is 102.
The Housing index in Pea Ridge is 83.
The Transportation index in Pea Ridge is 96.
The Utilities index in Pea Ridge is 99.
| Living Expense | Pea Ridge | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 92 | 87 | 100 | |
| Services | 93 | 95 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 83 | 62 | 100 | |
| Transportation | 96 | 93 | 100 | |
| Utilities | 99 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Pea Ridge is $204,922.
The Median Rent in Pea Ridge is $953.
The Median Income in Pea Ridge is $67,708.
The Home Value To Income in Pea Ridge is 3.0x.
The Rent To Monthly Income in Pea Ridge is 0.17x.
| Statistic | Pea Ridge | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $204,922 | $170,604 | $303,400 |
| Median Rent | $953 | $850 | $1,348 |
| Median Income | $67,708 | $57,917 | $78,538 |
| Home Value To Income | 3.0x | 2.9x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
| Item | Pea Ridge | West Virginia |
|---|---|---|
| Shampoo | $1.18 | $1.28 |
| Movie | $12.41 | $12.13 |
| Bowling | $13.67 | $18 |
| Haircut | $18.78 | $24.26 |
| Beauty Salon | $46.22 | $45.56 |
| Item | Pea Ridge | West Virginia |
|---|---|---|
| Ground Beef | $5.57 | $5.84 |
| Fried Chicken | $1.35 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.16 | $4.93 |
| Pizza | $11.31 | $12.09 |
| Beer | $10.19 | $10.41 |
| Toothpaste | $3.56 | $3.7 |
| Item | Pea Ridge | West Virginia |
|---|---|---|
| Optometrist | $172.33 | $125.68 |
| Doctor | $158.83 | $135.78 |
| Dentist | $107.83 | $113.29 |
| Item | Pea Ridge | West Virginia |
|---|---|---|
| Gasoline | $3.36 | $3.46 |
| Tire Balancing | $52.0 | $59.92 |
| Item | Pea Ridge | West Virginia |
|---|---|---|
| All Electricity | $189.47 | $193.99 |
| Phone | $186.09 | $192.25 |
The cost of living varies in the cities and towns around Pea Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Huntington, WV has a cost of living index of 86, 0.9x Pea Ridge.
Centerville, OH has a cost of living index of 101, 1.1x Pea Ridge.
Ashland, KY has a cost of living index of 83, 0.9x Pea Ridge.
| City | Population | Cost Of Living | Vs. Pea Ridge |
|---|---|---|---|
| Huntington, WV | 46,189 | 86 | 0.9x |
| Centerville, OH | 24,815 | 101 | 1.1x |
| Ashland, KY | 21,405 | 83 | 0.9x |
| St. Albans, WV | 10,637 | 91 | 1.0x |
| Ironton, OH | 10,585 | 83 | 0.9x |
| Flatwoods, KY | 7,281 | 87 | 0.9x |
| Wheelersburg, OH | 6,414 | 93 | 1.0x |