Belington, WV vs Institute, WV
Belington, WV and Institute, WV have a very similar cost of living, with only a 3.6% difference in their overall index. Belington scores 66 while Institute scores 69 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Belington is $883/month compared to $988/month in Institute — a 11% difference. Interestingly, home values tell a different story: while Belington has cheaper rent, Institute actually has lower median home values ($93,000 vs $95,200).
Median household income in Belington is $47,361 compared to $47,625 in Institute (-0.6%). Institute does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Belington spend roughly 22.4% of their income on rent, less than the 24.9% in Institute.
Climate-wise, Institute is notably warmer with an average of 56.2°F compared to 51.7°F in Belington. Belington receives more rainfall at 47.2" per year compared to 46.2" in Institute.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)