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.
The above illustration supplies generalized information for the Clarksburg, WV cost of living index. Compared to other cities in West Virginia and cities across the country, the cost of living index in Clarksburg, WV is 85, which is 4% lower than the West Virginia average and 15% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Clarksburg, WV are equal to the average for West Virginia and 2% higher than the rest of the country.
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The cost of living in Clarksburg is 4% lower than the West Virginia average.
The cost of living in Clarksburg is 15% lower than the national average.
The cost of housing in Clarksburg is 49% 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.
Compare Clarksburg, WV Cost of living To Other Cities
This is how much you would need to earn in Price difference in compared to
Cost of living index
Goods & Services index
Health care index
Use the salary calculator to compare your current salary in Clarksburg, WV to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Clarksburg, WV, then you would need to earn more income in order to maintain the same standard of living. To use the Clarksburg, WV salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.
Median Income & Debt-To-Income Ratio
Max Budget (28% DTI)
Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Clarksburg, WV, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Clarksburg, WV, the median monthly income is $45,753 for those who own their own homes. Under the standard rule, that income level would allow for $1,067 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $23,547, per the median income in the area. That would allow for renters to spend up to $549 on monthly rental expenses.
West Virginia Sales Tax
General Sales Tax
With Max Surtax
West Virginia Income Tax
Income Tax (Low)
Income Tax (High)
When you are determining the total cost of living in Clarksburg, WV you will want to make sure you consider both the West Virginia sales tax and the West Virginia income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in West Virginia is 6%, with the highest surtax being 7%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in West Virginia have a range from 3% to 6.5%.
Goods & Services
Avg. Mortgage Payment
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.