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Mount Gay-Shamrock, WV vs Welch, WV

57
Mount Gay-Shamrock
West Virginia
VS
-26%
76
Welch
West Virginia

There is a significant gap in the cost of living between these two cities. Mount Gay-Shamrock is 26% cheaper than Welch. With a cost index of 57 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Gay-Shamrock to Welch should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Mount Gay-Shamrock are $81,400 compared to $56,500 in Welch, a 44% gap.

Median household income in Mount Gay-Shamrock is $49,063 compared to $36,188 in Welch (+35.6%). Mount Gay-Shamrock offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Mount Gay-Shamrock
57
26% cheaper
Welch
76
Median Household Income
Mount Gay-Shamrock
$49,063
26% higher
Welch
$36,188

Housing

Median Rent
Mount Gay-Shamrock
$598
Welch
Median Home Value
Mount Gay-Shamrock
$81,400
Welch
$56,500
31% cheaper
Population
Mount Gay-Shamrock
1,440
Welch
3,492

Salary Equivalency Calculator

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