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Elkins, WV vs Williamson, WV

70
Elkins
West Virginia
VS
+23.9%
56
Williamson
West Virginia

There is a significant gap in the cost of living between these two cities. Williamson is 23.9% 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 Williamson to Elkins should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkins is $897/month compared to $555/month in Williamson — a 62% difference. Home values follow the same pattern: Williamson is more affordable at $93,300 median vs $130,500.

Median household income in Elkins is $47,746 compared to $24,119 in Williamson (+98%). 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 27.6% in Williamson.

Income & Cost

Cost of Living Index
Elkins
70
Williamson
56
19% cheaper
Median Household Income
Elkins
$47,746
49% higher
Williamson
$24,119

Housing

Median Rent
Elkins
$897
Williamson
$555
38% cheaper
Median Home Value
Elkins
$130,500
Williamson
$93,300
29% cheaper
Population
Elkins
6,875
Williamson
2,979

Salary Equivalency Calculator

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