Elkins, WV vs Richwood, WV
There is a significant gap in the cost of living between these two cities. Richwood is 23.5% cheaper than Elkins. With a cost index of 56 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Richwood to Elkins should plan for substantially higher expenses across most categories.
On the housing front, median rent in Elkins is $897/month compared to $630/month in Richwood — a 42% difference. Home values follow the same pattern: Richwood is more affordable at $67,600 median vs $130,500.
Median household income in Elkins is $47,746 compared to $33,614 in Richwood (+42%). While Elkins 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, less than the 22.5% in Richwood.
Climate-wise, both cities share similar average temperatures (51.7°F vs 52.9°F). Elkins receives more rainfall at 47.2" per year compared to 43.5" in Richwood.
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Housing
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Climate
NOAA 30-year normals (1991-2020)