Cost Of Living in New Richmond, WV

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A+

4%

Overall NAT. AVG.

2%

Groceries NAT. AVG.

100%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	New Richmond	West Virginia	National
Cost of living	96	85	100
Groceries	98	97	100
Health care	96	94	100
Housing	n/a	62	100
Transportation	94	95	100
Utilities	96	94	100
Lifestyle & Entertainment	97	94	100
Household Items	97	95	100
Education & Childcare	89	91	100

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Cost Of Living Quick Facts

The cost of living in New Richmond is 13% higher than the West Virginia average
The cost of living in New Richmond is 4% lower than the national average
New Richmond housing is 24% lower than the national average
West Virginia general sales tax is 18% higher than the national average
West Virginia state income tax is 16% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$0	$0	$0	$0
Renters	$0	$0	$0	$0

West Virginia Sales Tax

State	General Sales Tax	With Max Surtax
West Virginia	6%	7%

West Virginia Income Tax

State	Income Tax (Low)	Income Tax (High)
West Virginia	3%	6.5%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Itmann, WV	213	96	4.4%
Bolt, WV	425	96	4.4%
Corinne, WV	103	96	4.4%
Kimball, WV	124	103	2.8%
Glen White, WV	671	96	4.4%
New Richmond, WV	299	96	4.4%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lower Kalskag, AK	299	104	4.3%
Heath, AL	299	78	22.4%
Sipsey, AL	299	81	18.6%
Bass Lake, CA	299	198	98.3%
Hood, CA	299	117	17.0%
New Richmond, WV	299	96	4.4%