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Elkins, WV vs Shannondale, WV

70
Elkins
West Virginia
VS
-27.7%
96
Shannondale
West Virginia

There is a significant gap in the cost of living between these two cities. Elkins is 27.7% cheaper than Shannondale. With a cost index of 70 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elkins to Shannondale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkins is $897/month compared to $1,222/month in Shannondale — a 27% difference. Home values follow the same pattern: Elkins is more affordable at $130,500 median vs $255,000.

Median household income in Elkins is $47,746 compared to $72,283 in Shannondale (-33.9%). While Shannondale 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 20.3% in Shannondale.

Income & Cost

Cost of Living Index
Elkins
70
28% cheaper
Shannondale
96
Median Household Income
Elkins
$47,746
Shannondale
$72,283
34% higher

Housing

Median Rent
Elkins
$897
27% cheaper
Shannondale
$1,222
Median Home Value
Elkins
$130,500
49% cheaper
Shannondale
$255,000
Population
Elkins
6,875
Shannondale
3,441

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkins
Shannondale $3.26
US $3.07
🥚
Eggs (grade A, large)
Elkins
Shannondale $2.66
US $2.50
🥛
Milk (whole)
Elkins
Shannondale $4.28
US $4.03
🍞
Bread (white)
Elkins
Shannondale $1.97
US $1.85
🍗
Chicken breast
Elkins
Shannondale $4.41
US $4.14
Electricity
Elkins
Shannondale $0.20
US $0.19