A
Overall 20%
Goods & Services 6%
Housing 48%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexOak HillWest VirginiaNational
Cost of living8084100
Goods & Services94100100
Groceries9491100
Health care9988100
Housing5262100
Transportation8587100
Utilities8689100

Key findings

  • The cost of living in Oak Hill is 5% lower than the West Virginia average
  • The cost of living in Oak Hill is 20% lower than the national average
  • Oak Hill housing is 48% lower than the national average
  • West Virginia general sales tax is 18% higher than the national average
  • West Virginia state income tax is 22% higher than the national average

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Compare Oak Hill, WV Cost of Living

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$50,510$4,209$1,178$1,515
      Renters$20,714$1,726$483$621
      The affordability of the housing market in Oak Hill, WV as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Oak Hill homeowners, the median income is $50,510. This indicates that a monthly maximum of $1,178 should be spent by homeowners on all housing related costs. Renters have a median income of $20,714. This indicates that renters would have a maximum of $483 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%

      Goods & Services

      ItemOak HillNational avg.Difference
      Haircut $13.50$17.4922.8%
      Beauty Salon $46.00$38.1720.5%
      Toothpaste $2.19$2.325.6%
      Shampoo $0.94$1.017.1%
      Movie $11.75$10.729.6%
      Bowling $12.75$13.868.0%

      Groceries

      ItemOak HillNational avg.Difference
      Ground Beef $4.10$3.905.1%
      Fried Chicken $1.49$1.406.8%
      Milk $1.95$1.960.6%
      Potatoes $3.45$3.188.4%
      Pizza $10.49$10.390.9%
      Beer $9.83$9.236.5%

      Health Care

      ItemOak HillNational avg.Difference
      Optometrist $63.75$106.3440.0%
      Doctor $129.75$115.2512.6%
      Dentist $100.33$98.382.0%
      Ibuprofen $8.99$9.262.9%
      Lipitor $436.50$466.476.4%

      Housing

      ItemOak HillNational avg.Difference
      Home Price $89,100.00$184,700.0051.8%
      Avg. Mortgage Payment $1,341.67$1,273.325.4%
      Apartment Rent $591.00$949.0037.7%

      Transportation

      ItemOak HillNational avg.Difference
      Gasoline $2.44$2.595.9%
      Tire Balancing $35.96$48.9026.5%

      Utilities

      ItemOak HillNational avg.Difference
      All Electricity$130.62$167.6022.1%
      Phone $175.14$163.427.2%
      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.
      Prince, WV10392-8%
      Eccles, WV7992-8%
      Deep Water, WV33571-29%
      Scarbro, WV69371-29%
      Page, WV17272-28%
      Oak Hill, WV8,72280-20%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Sellersburg, IN8,72295-5%
      Beckett Ridge, OH8,7241055%
      South San Gabriel, CA8,72514141%
      Thief River Falls, MN8,72684-16%
      Frostburg, MD8,71895-5%
      Oak Hill, WV8,72280-20%
      Source: The Oak Hill, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.