Moundsville 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.
IndexMoundsvilleWest VirginiaNational
Cost of living index8084100
IndexMoundsvilleWest VirginiaNational
Goods & Services index100100100
Groceries index9191100
Health care index8888100
Housing index4762100
Transportation index8787100
Utilities index8989100
An overview of the general cost of living index for Moundsville, WV is displayed above for your reference. Residents in Moundsville, WV enjoy a cost of living index of 80. This index is 5% lower than the West Virginia average, and 20% 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 Moundsville, WV, the average cost of goods and services is equal to it is in West Virginia, and it is equal to the national average.

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Did you know?

  • The cost of living in Moundsville is 5% lower than the West Virginia average.
  • The cost of living in Moundsville is 20% lower than the national average.
  • The cost of housing in Moundsville is 53% 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 Moundsville, WV Cost of living To Other Cities

Salary Calculator

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Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Moundsville, WV to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Moundsville, WV, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Moundsville, WV salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

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 Moundsville, 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 Moundsville, WV homeowners, is $37,514. This would allow for a maximum of $875 per month to be spent on housing costs. For renters, the median monthly income is $20,969 which would result in a maximum of $489 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 assessing the complete cost of living in Moundsville, 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

ItemMoundsvilleNational avg.Difference
Haircut $15.62$17.4910.7%
Beauty Salon $33.53$38.1712.2%
Toothpaste $2.22$2.324.3%
Shampoo $1.17$1.0115.6%
Movie $12.53$10.7216.8%
Bowling $13.33$13.863.8%


ItemMoundsvilleNational avg.Difference
Ground Beef $4.23$3.908.5%
Fried Chicken $1.34$1.404.0%
Milk $1.53$1.9622.0%
Potatoes $2.70$3.1815.2%
Pizza $9.85$10.395.2%
Beer $8.85$9.234.1%

Health Care

ItemMoundsvilleNational avg.Difference
Optometrist $99.07$106.346.8%
Doctor $90.46$115.2521.5%
Dentist $89.59$98.388.9%
Ibuprofen $8.20$9.2611.5%
Lipitor $434.57$466.476.8%


ItemMoundsvilleNational avg.Difference
Home Price $81,500.00$184,700.0055.9%
Avg. Mortgage Payment $1,194.88$1,273.326.2%
Apartment Rent $521.00$949.0045.1%


ItemMoundsvilleNational avg.Difference
Gasoline $2.46$2.595.0%
Tire Balancing $36.67$48.9025.0%


ItemMoundsvilleNational avg.Difference
All Electricity$139.66$167.6016.7%
Phone $174.84$163.427.0%
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.
Glencoe, OH13773-27%
Benwood, WV1,38577-23%
Wolfhurst, OH1,18582-18%
Bellaire, OH4,18977-23%
Martins Ferry, OH6,81385-15%
Moundsville, WV8,85880-20%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kulpsville, PA8,85911616%
Cypress Gardens, FL8,85593-7%
Park Ridge, NJ8,85415252%
Fultondale, AL8,85487-13%
Mecca, CA8,86399-1%
Moundsville, WV8,85880-20%
Source: The Moundsville, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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