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Elizabeth, WV vs Romney, WV

55
Elizabeth
West Virginia
VS
-13.5%
63
Romney
West Virginia

Elizabeth is moderately more affordable than Romney, with a 13.5% lower cost of living index. Elizabeth scores 55 compared to 63 for Romney, where the US average is 100. This difference means residents of Romney can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elizabeth is $548/month compared to $586/month in Romney — a 7% difference. Home values follow the same pattern: Elizabeth is more affordable at $87,900 median vs $150,000.

Median household income in Elizabeth is $28,375 compared to $39,118 in Romney (-27.5%). While Romney is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabeth spend roughly 23.2% of their income on rent, more than the 18% in Romney.

Climate-wise, both cities share similar average temperatures (54.9°F vs 54.1°F). Elizabeth receives more rainfall at 44.2" per year compared to 39" in Romney.

Income & Cost

Cost of Living Index
Elizabeth
55
14% cheaper
Romney
63
Median Household Income
Elizabeth
$28,375
Romney
$39,118
27% higher

Housing

Median Rent
Elizabeth
$548
6% cheaper
Romney
$586
Median Home Value
Elizabeth
$87,900
41% cheaper
Romney
$150,000
Population
Elizabeth
610
Romney
1,714

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elizabeth $2.92
Romney $2.97
US $3.07
🥚
Eggs (grade A, large)
Elizabeth $2.38
Romney $2.42
US $2.50
🥛
Milk (whole)
Elizabeth $3.84
Romney $3.90
US $4.03
🍞
Bread (white)
Elizabeth $1.76
Romney $1.79
US $1.85
🍗
Chicken breast
Elizabeth $3.95
Romney $4.01
US $4.14
Electricity
Elizabeth $0.17
Romney $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elizabeth 54.9°F
Romney 54.1°F
Summer High
Elizabeth 87°F
Romney 87°F
Winter Low
Elizabeth 24°F
Romney 24°F
Rainfall
Elizabeth 44.2"
Romney 39"
Rainy Days
Elizabeth 137d
Romney 121d