Cost of Living in Welch, WV
Housing
The housing market plays a significant role in determining the cost of living in Welch, WV.
- Housing Index: Data is updating
- Median Home Price is: $102,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the provided data for Welch, WV, the housing index is at an unusual low of 0.0, indicating a possible lack of activity in the housing market. The median home price stands at a competitive 102500, suggesting it may be an attractive option for those looking to purchase. However, the average rental prices for 2-bedroom apartments and houses are reported as 0.0 and 0.0, which could point towards a housing market in need of improvement. Considering historical data, a low housing index might mean fewer options, but also less competition. This context can guide your living decision in Welch.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Welch, WV.
- Electricity Price: $15.48 USD (median by state)
- Natural Gas Price: $23.05 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Welch, WV could entail higher utility costs. Electricity costs sit at $15.48, while natural gas is priced at $23.05 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Welch is a financially viable option for your relocation.