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Alderson, WV vs Shady Spring, WV

63
Alderson
West Virginia
VS
-15.5%
75
Shady Spring
West Virginia

There is a significant gap in the cost of living between these two cities. Alderson is 15.5% cheaper than Shady Spring. With a cost index of 63 vs 75, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Alderson to Shady Spring should plan for substantially higher expenses across most categories.

On the housing front, median rent in Alderson is $724/month compared to $923/month in Shady Spring — a 22% difference. Home values follow the same pattern: Alderson is more affordable at $119,200 median vs $192,000.

Median household income in Alderson is $33,794 compared to $70,792 in Shady Spring (-52.3%). While Shady Spring is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alderson spend roughly 25.7% of their income on rent, more than the 15.6% in Shady Spring.

Income & Cost

Cost of Living Index
Alderson
63
16% cheaper
Shady Spring
75
Median Household Income
Alderson
$33,794
Shady Spring
$70,792
52% higher

Housing

Median Rent
Alderson
$724
22% cheaper
Shady Spring
$923
Median Home Value
Alderson
$119,200
38% cheaper
Shady Spring
$192,000
Population
Alderson
1,182
Shady Spring
3,455

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Alderson
Shady Spring $2.92
US $3.07
🥚
Eggs (grade A, large)
Alderson
Shady Spring $2.38
US $2.50
🥛
Milk (whole)
Alderson
Shady Spring $3.84
US $4.03
🍞
Bread (white)
Alderson
Shady Spring $1.76
US $1.85
🍗
Chicken breast
Alderson
Shady Spring $3.95
US $4.14
Electricity
Alderson
Shady Spring $0.17
US $0.19