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Cheat Lake, WV vs Fairmont, WV

94
Cheat Lake
West Virginia
VS
+29.8%
73
Fairmont
West Virginia

There is a significant gap in the cost of living between these two cities. Fairmont is 29.8% cheaper than Cheat Lake. With a cost index of 73 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairmont to Cheat Lake should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cheat Lake is $1,113/month compared to $902/month in Fairmont — a 23% difference. Home values follow the same pattern: Fairmont is more affordable at $159,100 median vs $345,500.

Median household income in Cheat Lake is $111,379 compared to $60,791 in Fairmont (+83.2%). While Cheat Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheat Lake spend roughly 12% of their income on rent, less than the 17.8% in Fairmont.

Climate-wise, both cities share similar average temperatures (53.8°F vs 54.9°F). Fairmont receives more rainfall at 44.8" per year compared to 43.2" in Cheat Lake.

Income & Cost

Cost of Living Index
Cheat Lake
94
Fairmont
73
23% cheaper
Median Household Income
Cheat Lake
$111,379
45% higher
Fairmont
$60,791

Housing

Median Rent
Cheat Lake
$1,113
Fairmont
$902
19% cheaper
Median Home Value
Cheat Lake
$345,500
Fairmont
$159,100
54% cheaper
Population
Cheat Lake
10,485
Fairmont
18,303

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Cheat Lake 53.8°F
Fairmont 54.9°F
Summer High
Cheat Lake 84°F
Fairmont 86°F
Winter Low
Cheat Lake 24°F
Fairmont 25°F
Rainfall
Cheat Lake 43.2"
Fairmont 44.8"
Rainy Days
Cheat Lake 155d
Fairmont 168d