Cost of Living in Elkins, WV

Population 6,875 · West Virginia · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $47,746, median household incomes in Elkins land roughly 36% below the US median, a gap that tends to persist across local labor-market indicators. At 8.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 105 miles south of Pittsburgh, Elkins is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 32% lower than Pittsburgh's $193,000.

Cost Overview

Housing 43
Rent 68

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

About the Cost of Living in Elkins

The median home value in Elkins is $130,500 — 57% below the national median of $305,000. Median rent runs $897/month, 32% lower than the national median of $1,314/month. The median household income of $47,746/year is 36% lower than the US median of $74,580. The local unemployment rate is 8.7%, 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 64.0°F and lows of 39.4°F, with about 68.9" of annual snowfall. Overall, Elkins has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$130,500
57% below avg
Zillow Home Value
$162,311
Zillow ZHVI
Median Rent
$897/mo
32% below avg
Price-to-Rent Ratio
12.1x
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 62.7%
Renter-occupied 37.3%

💰 Estimated Monthly Budget

Rent median rent
$897
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,511/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
13.6 min
50% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
67.3%
Carpooled
12.2%
Walked
6.3%
Bicycle
0.3%
Work from home
7.8%

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
$47,746
36% below avg
Per Capita Income
$31,778
Unemployment Rate
8.7%
80% above avg
Poverty Rate
16.8%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 22.3%
Graduate degree 8.1%

👥 Demographics

Median Age 36.1
Male median age 31.2
Female median age 39.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.0°F
Avg Low
39.4°F
Annual Precip
47.2"
Annual Snowfall
68.9"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424554667380838277665545
Low °F 202229374756605852393024
Precip" 3.363.263.984.105.144.485.993.873.513.082.873.57
Snow" 20.315.411.42.30.00.00.00.00.00.94.114.5

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
13.6:1
Student-teacher ratio
14
Public schools
3,870
Total enrollment

Frequently Asked Questions

What is the cost of living in Elkins, WV?

Elkins has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Elkins, WV?

The median gross rent in Elkins is $897 per month based on 2023 Census data.

What is the average home price in Elkins?

The median home value in Elkins is $130,500 according to Zillow and Census data.

What is the median income in Elkins?

The median household income in Elkins is $47,746 per year (2023 ACS 5-year estimates).

What is the sales tax in Elkins, WV?

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

Is Elkins, WV affordable?

Yes, Elkins is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Elkins?

Elkins has average high temperatures of 64.0°F and average lows of 39.4°F. Annual precipitation is 47.2". Average annual snowfall is 68.9". Data from NOAA 1991–2020 Climate Normals.

Elkins at a Glance

Population
6,875
Median Income
$47,746
Home Value
$130,500
Median Rent
$897/mo
Unemployment
8.7%
Avg High Temp
64.0°F
Sales Tax
6.4%
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