Elkins, WV vs Williamstown, WV

Elkins, WV and Williamstown, WV have a very similar cost of living, with only a 0.6% difference in their overall index. Elkins scores 70 while Williamstown scores 70 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 $848/month in Williamstown — a 6% difference. Interestingly, home values tell a different story: while Williamstown has cheaper rent, Elkins actually has lower median home values ($130,500 vs $164,100).

Median household income in Elkins is $47,746 compared to $75,577 in Williamstown (-36.8%). While Williamstown 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 13.5% in Williamstown.