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Elkins, WV vs Petersburg, WV

70
Elkins
West Virginia
VS
+12.8%
62
Petersburg
West Virginia

Petersburg is moderately more affordable than Elkins, with a 12.8% lower cost of living index. Elkins scores 70 compared to 62 for Petersburg, where the US average is 100. This difference means residents of Elkins can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elkins is $897/month compared to $622/month in Petersburg — a 44% difference. Interestingly, home values tell a different story: while Petersburg has cheaper rent, Elkins actually has lower median home values ($130,500 vs $136,100).

Median household income in Elkins is $47,746 compared to $48,286 in Petersburg (-1.1%). Petersburg offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elkins spend roughly 22.5% of their income on rent, more than the 15.5% in Petersburg.

Climate-wise, Elkins is notably warmer with an average of 51.7°F compared to 46.5°F in Petersburg. Petersburg receives more rainfall at 56.7" per year compared to 47.2" in Elkins.

Income & Cost

Cost of Living Index
Elkins
70
Petersburg
62
11% cheaper
Median Household Income
Elkins
$47,746
Petersburg
$48,286
1% higher

Housing

Median Rent
Elkins
$897
Petersburg
$622
31% cheaper
Median Home Value
Elkins
$130,500
4% cheaper
Petersburg
$136,100
Population
Elkins
6,875
Petersburg
3,172

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elkins 51.7°F
Petersburg 46.5°F
Summer High
Elkins 83°F
Petersburg 74°F
Winter Low
Elkins 20°F
Petersburg 18°F
Rainfall
Elkins 47.2"
Petersburg 56.7"
Rainy Days
Elkins 173d
Petersburg 194d