Teays Valley 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.
IndexTeays ValleyWest VirginiaNational
Cost of living index10288100
IndexTeays ValleyWest VirginiaNational
Goods & Services index101102100
Groceries index88103100
Health care index11191100
Housing index10862100
Transportation index8898100
Utilities index11888100
Displayed above is a general overview of the Teays Valley, WV cost of living index. The overall cost of living index in Teays Valley, WV is 102, which is 17% higher than the West Virginia average and 2% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Teays Valley, WV are 1% lower than the West Virginia average and 1% higher than the national average.

Did you know?

  • The cost of living in Teays Valley is 17% higher than the West Virginia average.
  • The cost of living in Teays Valley is 2% higher than the national average.
  • The cost of housing in Teays Valley is 8% higher 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 Teays Valley, WV Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
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 Teays Valley, 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 Teays Valley, WV, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Teays Valley, 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 Teays Valley, 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 Teays Valley, WV homeowners, is $82,888. This would allow for a maximum of $1,934 per month to be spent on housing costs. For renters, the median monthly income is $47,237 which would result in a maximum of $1,102 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%
For those who live in Teays Valley, WV and want to know what the true cost of living is, they ought to look at both the West Virginia income tax rate and the West Virginia sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In West Virginia, the sales tax is 6%, while the most you'll pay in surtax is 7%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in West Virginia, the income tax rate ranges between 3% to 6.5%.

Goods & Services

ItemTeays ValleyNational avg.Difference
Haircut $15.76$16.092.0%
Beauty Salon $33.44$37.3310.4%
Toothpaste $1.68$2.4531.6%
Shampoo $0.80$1.0019.8%
Movie $11.32$10.2810.2%
Bowling $4.46$4.939.6%


ItemTeays ValleyNational avg.Difference
Ground Beef $3.57$3.806.2%
Fried Chicken $1.06$1.4024.2%
Milk $1.88$2.016.2%
Potatoes $2.54$3.0115.8%
Pizza $7.65$9.8922.6%
Beer $9.09$8.902.2%

Health Care

ItemTeays ValleyNational avg.Difference
Optometrist $102.22$102.160.1%
Doctor $120.31$108.3611.0%
Dentist $111.97$92.5321.0%
Ibuprofen $8.45$9.288.9%
Lipitor $447.40$425.825.1%


ItemTeays ValleyNational avg.Difference
Home Price $214,800.00$184,700.0016.3%
Avg. Mortgage Payment $717.00$1,202.4440.4%
Apartment Rent $850.00$949.0010.4%


ItemTeays ValleyNational avg.Difference
Gasoline $2.02$2.249.9%
Tire Balancing $39.18$46.2915.4%


ItemTeays ValleyNational avg.Difference
All Electricity$143.64$165.9613.4%
Phone $44.61$28.6855.5%
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.
Buffalo, WV1,30079-21%
Hamlin, WV1,53185-15%
Jefferson, WV82285-15%
West Hamlin, WV74785-15%
Hometown, WV48781-19%
Teays Valley, WV13,7061022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
River Ridge, LA13,7061044%
Livingston, CA13,7031044%
Belle Chasse, LA13,7091077%
Hockessin, DE13,70214040%
Ephrata, PA13,71497-3%
Teays Valley, WV13,7061022%
Source: The Teays Valley, WV cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.