Cost of Living in Spencer, WV

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20%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
52%
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 Spencer West Virginia National
Cost of living8085100
Groceries9597100
Health care9594100
Housing4862100
Transportation9295100
Utilities9394100
Lifestyle & Entertainment9094100
Household Items9495100
Education & Childcare9291100
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Homes For Sale In Spencer, WV

property for sale

104 Vandale Ave

Spencer, WV
property for sale

158 Summit Ln

Spencer, WV
property for sale

2282 Lick Frk

Spencer, WV
property for sale

501 Church St

Spencer, WV
See the Newest Homes For Sale In Spencer, WV

Cost Of Living Quick Facts

  • The cost of living in Spencer is 6% lower than the West Virginia average
  • The cost of living in Spencer is 20% lower than the national average
  • Spencer housing is 52% 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

Most Affordable Places to Live in and Around Spencer

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Compare Spencer, WV Cost of Living

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      Salary Calculator

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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$40,452$3,371$944$1,214
      Renters$27,894$2,325$651$837

      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.
      Reedy, WV1357426.3%
      Grantsville, WV5437921.2%
      Spencer, WV2,1498020.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alorton, IL2,1497822.3%
      Masury, OH2,1498119.4%
      Blossburg, PA2,149963.6%
      Lewiston, UT2,1491033.4%
      Hoback, WY2,14917978.6%
      Spencer, WV2,1498020.3%
      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.
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