Kermit cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexKermitWest VirginiaNational
Cost of living index8491100
IndexKermitWest VirginiaNational
Goods & Services index101111100
Groceries index9695100
Health care index9496100
Housing index5660100
Transportation index95107100
Utilities index8093100

Did you know?

  • The cost of living in Kermit is 8% lower than the West Virginia average.
  • The cost of living in Kermit is 16% lower than the national average.
  • The cost of housing in Kermit is 44% lower than the national average.
  • West Virginia general sales tax is 18% higher than the national average.
  • West Virginia state income tax is 35% higher than the national average.

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Compare Kermit, WV Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,250$4,271$1,196$1,538
Renters$20,568$1,714$480$617

West Virginia Sales Tax

StateGeneral Sales TaxWith Max Surtax
West Virginia6%7%

West Virginia Income Tax

StateIncome Tax (Low)Income Tax (High)
West Virginia3%6.5%

Goods & Services

ItemKermitNational avg.Difference
Haircut $15.20$14.594.2%
Beauty Salon $43.80$34.6826.3%
Toothpaste $2.09$2.4715.5%
Shampoo $0.87$1.0214.9%
Movie $8.10$9.8717.9%
Bowling $4.15$4.395.5%

Groceries

ItemKermitNational avg.Difference
Ground Beef $5.13$4.4814.6%
Fried Chicken $1.60$1.469.3%
Milk $2.44$2.363.5%
Potatoes $2.52$3.0617.7%
Pizza $9.10$9.241.5%
Beer $8.11$8.636.1%

Health Care

ItemKermitNational avg.Difference
Optometrist $77.80$99.7822.0%
Doctor $93.67$105.0310.8%
Dentist $81.75$88.707.8%
Ibuprofen $8.13$9.4113.6%
Lipitor $319.69$298.507.1%

Housing

ItemKermitNational avg.Difference
Home Price $90,600.00$175,700.0048.4%
Avg. Mortgage Payment $725.81$1,081.0332.9%
Apartment Rent $620.00$920.0032.6%

Transportation

ItemKermitNational avg.Difference
Gasoline $2.06$2.091.4%
Tire Balancing $37.95$45.2916.2%

Utilities

ItemKermitNational avg.Difference
All Electricity$142.30$170.8016.7%
Phone $21.09$28.2625.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Warfield, KY29679-21%
Chattaroy, WV58482-18%
Delbarton, WV70484-16%
Williamson, WV3,11884-16%
South Williamson, KY64685-15%
Kermit, WV28184-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Little Eagle, SD28177-23%
Page, NE28183-17%
Nightmute, AK28111414%
Rushmore, MN28184-16%
Bradshaw, WV28179-21%
Kermit, WV28184-16%
Source: The Kermit, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.