South Charleston 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.
IndexSouth CharlestonWest VirginiaNational
Cost of living index8686100
IndexSouth CharlestonWest VirginiaNational
Goods & Services index96100100
Groceries index91101100
Health care index11292100
Housing index6360100
Transportation index9397100
Utilities index10188100
A general overview of the cost of living index for South Charleston, WV is displayed above. In South Charleston, WV, the overall cost of living index is 86, which is equal to the West Virginia average and 14% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of South Charleston, WV, the city's goods and services are 3% lower than the West Virginia average and 4% lower than the U.S. average.

Did you know?

  • The cost of living in South Charleston is equal to the West Virginia average.
  • The cost of living in South Charleston is 14% lower than the national average.
  • The cost of housing in South Charleston is 37% 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 South Charleston, WV Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in South Charleston, WV to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of South Charleston, WV, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the South Charleston, WV salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,241$4,353$1,219$1,567
Renters$30,083$2,507$702$903
The affordability of the housing market in South Charleston, WV as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among South Charleston, WV homeowners, the median income is $52,241. This indicates that a monthly maximum of $1,219 should be spent by homeowners on all housing related costs. Renters have a median income of $30,083. This indicates that renters should have a maximum of $702 used for their rent related monthly costs.

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%
When assessing the complete cost of living in South Charleston, WV, the West Virginia income tax and the West Virginia sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The West Virginia maximum surtax is 7%, and the West Virginia sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3% to 6.5% in West Virginia.

Goods & Services

ItemSouth CharlestonNational avg.Difference
Haircut $14.92$15.564.1%
Beauty Salon $34.65$36.114.0%
Toothpaste $1.95$2.4720.9%
Shampoo $0.80$0.9617.5%
Movie $11.50$10.1313.5%
Bowling $4.54$4.744.1%

Groceries

ItemSouth CharlestonNational avg.Difference
Ground Beef $3.18$3.9820.3%
Fried Chicken $1.25$1.4110.9%
Milk $1.65$2.0619.9%
Potatoes $2.77$2.987.3%
Pizza $7.56$9.4720.2%
Beer $9.27$8.795.4%

Health Care

ItemSouth CharlestonNational avg.Difference
Optometrist $104.44$101.043.4%
Doctor $116.62$107.448.5%
Dentist $109.77$90.4221.4%
Ibuprofen $8.85$9.284.6%
Lipitor $453.35$426.506.3%

Housing

ItemSouth CharlestonNational avg.Difference
Home Price $104,300.00$175,700.0040.6%
Avg. Mortgage Payment $775.55$1,133.2331.6%
Apartment Rent $649.00$920.0029.5%

Transportation

ItemSouth CharlestonNational avg.Difference
Gasoline $1.87$1.996.3%
Tire Balancing $41.43$45.769.5%

Utilities

ItemSouth CharlestonNational avg.Difference
All Electricity$138.77$163.8115.3%
Phone $35.01$28.3923.3%
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.
Shrewsbury, WV74576-24%
Chelyan, WV83377-23%
Cedar Grove, WV1,08280-20%
Racine, WV21981-19%
Jefferson, WV79281-19%
South Charleston, WV13,38086-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Muscle Shoals, AL13,38089-11%
Bedford, IN13,38485-15%
South Sioux City, NE13,37588-12%
Warrensville Heights, OH13,38790-10%
Circleville, OH13,39589-11%
South Charleston, WV13,38086-14%
Source: The South Charleston, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.