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Craigsville, WV vs Welch, WV

58
Craigsville
West Virginia
VS
-24.1%
76
Welch
West Virginia

There is a significant gap in the cost of living between these two cities. Craigsville is 24.1% cheaper than Welch. With a cost index of 58 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Craigsville to Welch should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Craigsville are $95,300 compared to $56,500 in Welch, a 69% gap.

Median household income in Craigsville is $28,718 compared to $36,188 in Welch (-20.6%). The higher salaries in Welch partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Craigsville
58
24% cheaper
Welch
76
Median Household Income
Craigsville
$28,718
Welch
$36,188
21% higher

Housing

Median Rent
Craigsville
$607
Welch
Median Home Value
Craigsville
$95,300
Welch
$56,500
41% cheaper
Population
Craigsville
1,584
Welch
3,492

Salary Equivalency Calculator

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