Cost of Living in Charleston, WV

Population 47,918 · West Virginia · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Charleston can reasonably expect a home to cost less than three years of household income — $187,000 against $64,512 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. Unemployment has stayed elevated relative to the national figure — 6.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Charleston lies roughly 135 miles southeast of the nearest major metro, Columbus. Median home values run roughly 20% lower than Columbus' $235,000.

Cost Overview

Housing 61
Rent 68

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Charleston

The median home value in Charleston is $187,300 — 39% below the national median of $305,000. Median rent runs $898/month, 32% lower than the national median of $1,314/month. The median household income of $64,512/year is 13% lower than the US median of $74,580. The local unemployment rate is 6.3%, above the national average of 4.8%. West Virginia's top state income tax rate is 6.5% and the combined sales tax is 6.4%. The climate averages highs of 66.8°F and lows of 45.5°F, with about 31.5" of annual snowfall. Overall, Charleston has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$187,300
39% below avg
Zillow Home Value
$158,399
Zillow ZHVI
Median Rent
$898/mo
32% below avg
Zillow Rent
$1,193/mo
Zillow ZORI
Price-to-Rent Ratio
17.4x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$658
1 BR
$729
2 BR
$883
3 BR
$1,182
4 BR
$1,304
Owner-occupied 62.8%
Renter-occupied 37.3%

💰 Estimated Monthly Budget

Rent median rent
$898
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,512/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.3 min
29% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.2%

Commute Mode

Drove alone
70.7%
Carpooled
8.5%
Public transit
2.1%
Walked
5.4%
Bicycle
0.2%
Work from home
11.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.5%
Total Sales Tax 6.4%
State rate 6.0%
Avg local rate 0.4%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$64,512
13% below avg
Per Capita Income
$45,967
Unemployment Rate
6.3%
31% above avg
Poverty Rate
16.5%
Labor Force Participation
58.8%

🎓 Education

Bachelor's degree+ 22.2%
Graduate degree 21.9%

👥 Demographics

Median Age 42.6
Male median age 41
Female median age 44.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.8°F
Avg Low
45.5°F
Annual Precip
46.2"
Annual Snowfall
31.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 444857697683868580695748
Low °F 262935455362666457453630
Precip" 3.273.364.143.564.934.725.383.753.462.913.203.56
Snow" 10.37.75.90.50.00.00.00.00.00.61.55.0

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
70.4%
Good air days/yr
153
Max AQI recorded
225
PM2.5 days
136
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

88%
4-Year Graduation Rate
14.1:1
Student-teacher ratio
69
Public schools
25,429
Total enrollment

Frequently Asked Questions

What is the cost of living in Charleston, WV?

Charleston has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Charleston, WV?

The median gross rent in Charleston is $898 per month based on 2023 Census data.

What is the average home price in Charleston?

The median home value in Charleston is $187,300 according to Zillow and Census data.

What is the median income in Charleston?

The median household income in Charleston is $64,512 per year (2023 ACS 5-year estimates).

What is the sales tax in Charleston, WV?

The combined state and local sales tax rate in Charleston is 6.4%. The West Virginia state income tax top rate is 6.5%.

Is Charleston, WV affordable?

Yes, Charleston is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

What is the weather like in Charleston?

Charleston has average high temperatures of 66.8°F and average lows of 45.5°F. Annual precipitation is 46.2". Average annual snowfall is 31.5". Data from NOAA 1991–2020 Climate Normals.

Charleston at a Glance

Population
47,918
Median Income
$64,512
Home Value
$187,300
Median Rent
$898/mo
Unemployment
6.3%
Avg High Temp
66.8°F
Sales Tax
6.4%
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