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Bancroft, WV vs Raleigh, WV

65
Bancroft
West Virginia
VS
-32.6%
96
Raleigh
West Virginia

The cost of living difference between Bancroft, WV and Raleigh, WV is dramatic. Bancroft is 32.6% cheaper than Raleigh, a gap that translates to thousands of dollars per year in household expenses. Bancroft has a cost index of 65 while Raleigh sits at 96, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

Median household income in Bancroft is $75,938 compared to $38,950 in Raleigh (+95%). Bancroft offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Bancroft is notably warmer with an average of 56.2°F compared to 52.9°F in Raleigh. Bancroft receives more rainfall at 46.2" per year compared to 43.5" in Raleigh.

Income & Cost

Cost of Living Index
Bancroft
65
33% cheaper
Raleigh
96
Median Household Income
Bancroft
$75,938
49% higher
Raleigh
$38,950

Housing

Median Rent
Bancroft
$815
Raleigh
Median Home Value
Bancroft
$114,100
Raleigh
Population
Bancroft
472
Raleigh
168

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bancroft $2.93
Raleigh $2.92
US $3.07
🥚
Eggs (grade A, large)
Bancroft $2.39
Raleigh $2.38
US $2.50
🥛
Milk (whole)
Bancroft $3.84
Raleigh $3.84
US $4.03
🍞
Bread (white)
Bancroft $1.77
Raleigh $1.76
US $1.85
🍗
Chicken breast
Bancroft $3.95
Raleigh $3.95
US $4.14
Electricity
Bancroft $0.16
Raleigh $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Bancroft 56.2°F
Raleigh 52.9°F
Summer High
Bancroft 86°F
Raleigh 81°F
Winter Low
Bancroft 26°F
Raleigh 24°F
Rainfall
Bancroft 46.2"
Raleigh 43.5"
Rainy Days
Bancroft 151d
Raleigh 161d