Davis, WV vs Spencer, WV

Davis, WV and Spencer, WV have a very similar cost of living, with only a 4.7% difference in their overall index. Davis scores 58 while Spencer scores 61 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 Davis is $528/month compared to $658/month in Spencer — a 20% difference. Interestingly, home values tell a different story: while Davis has cheaper rent, Spencer actually has lower median home values ($108,700 vs $122,300).

Median household income in Davis is $46,488 compared to $25,897 in Spencer (+79.5%). Davis offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Davis spend roughly 13.6% of their income on rent, less than the 30.5% in Spencer. The Davis ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.