Cost of Living: Norfolk, VA vs Buckhannon, WV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norfolk | Buckhannon |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $292,000 | $155,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1000 |
Housing Comparison: Norfolk vs Buckhannon
- In Norfolk, the median home price is higher at $292,000, while in Buckhannon it is $155,000.
- Renting a two-bedroom apartment costs more in Norfolk at $1,800 than in Buckhannon at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norfolk | Buckhannon |
|---|---|---|
| Electricity Price | $15.31 | $15.48 |
| Natural Gas Price | $19.91 | $23.05 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norfolk vs Buckhannon
- Buckhannon has higher electricity costs at $15.48 per kWh, versus $15.31 in Norfolk.
- Buckhannon experiences higher natural gas costs at $23.05 per unit, with costs at $19.91 in Norfolk.
- Utility expenses are equal in both Norfolk and Buckhannon averaging $250.