Gatewood, WV vs Newell, WV

There is a significant gap in the cost of living between these two cities. Newell is 25.5% cheaper than Gatewood. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newell to Gatewood should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Gatewood are $96,400 compared to $86,700 in Newell, a 11% gap.

Median household income in Gatewood is $73,914 compared to $38,924 in Newell (+89.9%). 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 51.8°F). Gatewood receives more rainfall at 43.5" per year compared to 39.6" in Newell.