Falling Spring, WV vs Gatewood, WV
Falling Spring, WV and Gatewood, WV have a very similar cost of living, with only a 0.7% difference in their overall index. Falling Spring scores 79 while Gatewood scores 79 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.
When it comes to buying, median home values in Falling Spring are $85,000 compared to $96,400 in Gatewood, a 12% gap.
Median household income in Falling Spring is $43,750 compared to $73,914 in Gatewood (-40.8%). While Gatewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
Climate-wise, both cities share similar average temperatures (52.9°F vs 52.9°F). Gatewood receives more rainfall at 43.5" per year compared to 43.5" in Falling Spring.
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Climate
NOAA 30-year normals (1991-2020)