Cost of Living in Shady Spring, WV
Population 3,455 · West Virginia · Data vintage 2023
(100 = US avg)
Buyers in Shady Spring can reasonably expect a home to cost less than three years of household income — $192,000 against $70,792 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 120 miles northwest of Winston-Salem, Shady Spring is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 8% lower than Winston-Salem's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shady Spring
The median home value in Shady Spring is $192,000 — 37% below the national median of $305,000. Median rent runs $923/month, 30% lower than the national median of $1,314/month. The median household income of $70,792/year is 5% lower than the US median of $74,580. The local unemployment rate is 6.5%, 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 62.3°F and lows of 43.5°F, with about 55.9" of annual snowfall. Overall, Shady Spring has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.
Shady Spring has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 53 | 64 | 72 | 78 | 81 | 80 | 74 | 64 | 53 | 44 |
| Low °F | 24 | 27 | 33 | 43 | 51 | 59 | 62 | 61 | 55 | 44 | 35 | 28 |
| Precip" | 3.13 | 3.12 | 4.03 | 3.58 | 4.68 | 4.30 | 5.00 | 3.68 | 3.20 | 2.73 | 2.80 | 3.29 |
| Snow" | 15.5 | 15.2 | 8.9 | 1.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.4 | 2.3 | 11.1 |
Frequently Asked Questions
What is the cost of living in Shady Spring, WV?
Shady Spring has a cost index of 66 (100 = national average). It is 34% below the national average.
What is average rent in Shady Spring, WV?
The median gross rent in Shady Spring is $923 per month based on 2023 Census data.
What is the average home price in Shady Spring?
The median home value in Shady Spring is $192,000 according to Zillow and Census data.
What is the median income in Shady Spring?
The median household income in Shady Spring is $70,792 per year (2023 ACS 5-year estimates).
What is the sales tax in Shady Spring, WV?
The combined state and local sales tax rate in Shady Spring is 6.4%. The West Virginia state income tax top rate is 6.5%.
Is Shady Spring, WV affordable?
Yes, Shady Spring is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.
What is the weather like in Shady Spring?
Shady Spring has average high temperatures of 62.3°F and average lows of 43.5°F. Annual precipitation is 43.5". Average annual snowfall is 55.9". Data from NOAA 1991–2020 Climate Normals.
Shady Spring at a Glance
- Population
- 3,455
- Median Income
- $70,792
- Home Value
- $192,000
- Median Rent
- $923/mo
- Unemployment
- 6.5%
- Avg High Temp
- 62.3°F
- Sales Tax
- 6.4%
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