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Inwood, WV vs Ranson corporation, WV

106
Inwood
West Virginia
VS
+3.7%
103
Ranson corporation
West Virginia

Inwood, WV and Ranson corporation, WV have a very similar cost of living, with only a 3.7% difference in their overall index. Inwood scores 106 while Ranson corporation scores 103 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 Inwood is $1,674/month compared to $1,520/month in Ranson corporation — a 10% difference. Home values follow the same pattern: Ranson corporation is more affordable at $220,700 median vs $270,000.

Median household income in Inwood is $82,267 compared to $86,378 in Ranson corporation (-4.8%). Ranson corporation offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Inwood spend roughly 24.4% of their income on rent, more than the 21.1% in Ranson corporation.

Climate-wise, both cities share similar average temperatures (54.1°F vs 54.1°F). Ranson corporation receives more rainfall at 39" per year compared to 39" in Inwood.

Income & Cost

Cost of Living Index
Inwood
106
Ranson corporation
103
4% cheaper
Median Household Income
Inwood
$82,267
Ranson corporation
$86,378
5% higher

Housing

Median Rent
Inwood
$1,674
Ranson corporation
$1,520
9% cheaper
Median Home Value
Inwood
$270,000
Ranson corporation
$220,700
18% cheaper
Population
Inwood
2,605
Ranson corporation
5,588

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Inwood $2.95
Ranson corporation $3.26
US $3.07
🥚
Eggs (grade A, large)
Inwood $2.40
Ranson corporation $2.66
US $2.50
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Milk (whole)
Inwood $3.87
Ranson corporation $4.28
US $4.03
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Bread (white)
Inwood $1.78
Ranson corporation $1.97
US $1.85
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Chicken breast
Inwood $3.98
Ranson corporation $4.41
US $4.14
Electricity
Inwood $0.17
Ranson corporation $0.20
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Inwood 54.1°F
Ranson corporation 54.1°F
Summer High
Inwood 87°F
Ranson corporation 87°F
Winter Low
Inwood 24°F
Ranson corporation 24°F
Rainfall
Inwood 39"
Ranson corporation 39"
Rainy Days
Inwood 121d
Ranson corporation 121d