Teays Valley, WV Cost Of Living
Cost Of Living In Teays Valley, WV Summary
Cost of living in Teays Valley 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 Teays Valley 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 Teays Valley is 97, with 100 being the average.
The cost of living index in Teays Valley is 1.0x lower than the national average.
Teays Valley ranks as the #28 cheapest in West Virginia out of 31.
Teays Valley ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Teays Valley is $233,700.
The median income in Teays Valley is $93,763.
Table Of Contents
Teays Valley's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Teays Valley, WV?
According to the most recent data on the cost of living, Teays Valley has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to West Virginia, Teays Valley has a cost of living index that's 1.1x higher than West Virginia's index of 89.
The standard of living in Teays Valley ranks as #28 most affordable out of the 31 places we measured in West Virginia. By definition, that implies Teays Valley ranks as the #3 most expensive place in the Mountain State.
For more reading on life in Teays Valley, check out:
- Living In Teays Valley
- Search Homes For Sale In Teays Valley, WV
In West Virginia
In America
Teays Valley Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Teays Valley. Here is how it fairs on each of the criteria:
The Services index in Teays Valley is 95.
The Groceries index in Teays Valley is 94.
The Health index in Teays Valley is 92.
The Housing index in Teays Valley is 109.
The Transportation index in Teays Valley is 91.
The Utilities index in Teays Valley is 86.
| Living Expense | Teays Valley | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 97 | 89 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 94 | 98 | 100 | |
| Health | 92 | 99 | 100 | |
| Housing | 109 | 69 | 100 | |
| Transportation | 91 | 100 | 100 | |
| Utilities | 86 | 95 | 100 | |
Teays Valley, WV Housing Cost Breakdown
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 Teays Valley is $233,700.
The Median Rent in Teays Valley is $1,127.
The Median Income in Teays Valley is $93,763.
The Home Value To Income in Teays Valley is 2.5x.
The Rent To Monthly Income in Teays Valley is 0.14x.
| Statistic | Teays Valley | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $233,700 | $128,800 | $244,900 |
| Median Rent | $1,127 | $770 | $1,163 |
| Median Income | $93,763 | $50,884 | $69,021 |
| Home Value To Income | 2.5x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Teays Valley, WV Costs By Category
Detailed Teays Valley Services Costs Vs. West Virginia
| Item | Teays Valley | West Virginia |
|---|---|---|
| Shampoo | $0.92 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $13.78 | $14.67 |
| Haircut | $13.38 | $18.62 |
| Beauty Salon | $36.03 | $39.05 |
Detailed Teays Valley Groceries Costs Vs. West Virginia
| Item | Teays Valley | West Virginia |
|---|---|---|
| Ground Beef | $4.55 | $4.22 |
| Fried Chicken | $1.18 | $1.39 |
| Milk | $1.85 | $2.05 |
| Potatoes | $3.79 | $3.29 |
| Pizza | $10.26 | $10.62 |
| Beer | $9.92 | $9.38 |
| Toothpaste | $1.86 | $2.34 |
Detailed Teays Valley Health Costs Vs. West Virginia
| Item | Teays Valley | West Virginia |
|---|---|---|
| Optometrist | $82.63 | $108.57 |
| Doctor | $107.12 | $116.17 |
| Dentist | $93.5 | $99.13 |
Detailed Teays Valley Transportation Costs Vs. West Virginia
| Item | Teays Valley | West Virginia |
|---|---|---|
| Gasoline | $2.13 | $2.22 |
| Tire Balancing | $41.02 | $50.07 |
Detailed Teays Valley Utilities Costs Vs. West Virginia
| Item | Teays Valley | West Virginia |
|---|---|---|
| All Electricity | $130.92 | $167.67 |
| Phone | $177.97 | $175.64 |
Teays Valley SnackAbility
/10
Cost Of Living In Cities Around Teays Valley
The cost of living varies in the cities and towns around Teays Valley. Here's a quick look at the cost of living in the most populous nearby places:
Charleston, WV has a cost of living index of 87, 0.9x Teays Valley.
South Charleston, WV has a cost of living index of 86, 0.9x Teays Valley.
St. Albans, WV has a cost of living index of 83, 0.9x Teays Valley.
| City | Population | Cost Of Living | Vs. Teays Valley |
|---|---|---|---|
| Charleston, WV | 49,055 | 87 | 0.9x |
| South Charleston, WV | 13,595 | 86 | 0.9x |
| St. Albans, WV | 10,842 | 83 | 0.9x |
| Cross Lanes, WV | 9,434 | 91 | 0.9x |
| Dunbar, WV | 7,500 | 85 | 0.9x |
| Hurricane, WV | 6,901 | 89 | 0.9x |
| Nitro, WV | 6,630 | 84 | 0.9x |
