Grafton 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.
IndexGraftonWest VirginiaNational
Cost of living index8388100
IndexGraftonWest VirginiaNational
Goods & Services index102102100
Groceries index103103100
Health care index9191100
Housing index4462100
Transportation index9898100
Utilities index8888100
An overview of the general cost of living index for Grafton, WV is displayed above for your reference. Residents in Grafton, WV enjoy a cost of living index of 83. This index is 6% lower than the West Virginia average, and 17% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Grafton, WV, the average cost of goods and services is equal to it is in West Virginia, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Grafton is 6% lower than the West Virginia average.
  • The cost of living in Grafton is 17% lower than the national average.
  • The cost of housing in Grafton is 56% 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 Grafton, WV Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Grafton, 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 Grafton, WV, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Grafton, 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)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Grafton, WV as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Grafton, WV homeowners, is $37,243. This would allow for a maximum of $869 per month to be spent on housing costs. For renters, the median monthly income is $22,039 which would result in a maximum of $514 to be spent on rental 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 considering the overall cost of living expenses in Grafton, WV, it's important to take into account the sales tax for West Virginia, as well as the rate for income tax in West Virginia. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for West Virginia is 7%, and the sales tax in the state of West Virginia is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in West Virginia starts from 3% and goes up to 6.5%.

Goods & Services

ItemGraftonNational avg.Difference
Haircut $13.33$16.0917.1%
Beauty Salon $35.37$37.335.2%
Toothpaste $2.38$2.452.9%
Shampoo $1.08$1.008.3%
Movie $11.03$10.287.3%
Bowling $3.82$4.9322.5%


ItemGraftonNational avg.Difference
Ground Beef $4.07$3.807.0%
Fried Chicken $1.33$1.405.0%
Milk $1.55$2.0122.8%
Potatoes $3.34$3.0111.0%
Pizza $8.99$9.899.1%
Beer $8.82$8.900.9%

Health Care

ItemGraftonNational avg.Difference
Optometrist $94.75$102.167.3%
Doctor $91.50$108.3615.6%
Dentist $82.50$92.5310.8%
Ibuprofen $9.05$9.282.5%
Lipitor $434.36$425.822.0%


ItemGraftonNational avg.Difference
Home Price $74,300.00$184,700.0059.8%
Avg. Mortgage Payment $1,131.50$1,202.445.9%
Apartment Rent $510.00$949.0046.3%


ItemGraftonNational avg.Difference
Gasoline $2.41$2.247.5%
Tire Balancing $36.03$46.2922.2%


ItemGraftonNational avg.Difference
All Electricity$133.01$165.9619.9%
Phone $28.31$28.681.3%
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.
Galloway, WV11499-1%
Carolina, WV54279-21%
Flemington, WV37380-20%
Idamay, WV27981-19%
Farmington, WV39881-19%
Grafton, WV5,15683-17%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Olyphant, PA5,15695-5%
Sugarcreek, PA5,15586-14%
Hendron, KY5,15594-6%
Bolivar, TN5,15485-15%
Winterset, IA5,15888-12%
Grafton, WV5,15683-17%
Source: The Grafton, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.