Elkins, WV vs Fairmont, WV

Elkins, WV and Fairmont, WV have a very similar cost of living, with only a 4.2% difference in their overall index. Elkins scores 70 while Fairmont scores 73 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 Elkins is $897/month compared to $902/month in Fairmont — a 1% difference. Home values follow the same pattern: Elkins is more affordable at $130,500 median vs $159,100.

Median household income in Elkins is $47,746 compared to $60,791 in Fairmont (-21.5%). While Fairmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkins spend roughly 22.5% of their income on rent, more than the 17.8% in Fairmont.

Climate-wise, Fairmont is notably warmer with an average of 54.9°F compared to 51.7°F in Elkins. Elkins receives more rainfall at 47.2" per year compared to 44.8" in Fairmont.