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New Haven, WV vs Thomas, WV

55
New Haven
West Virginia
VS
-21%
70
Thomas
West Virginia

There is a significant gap in the cost of living between these two cities. New Haven is 21% cheaper than Thomas. With a cost index of 55 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Haven to Thomas should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Haven is $491/month compared to $818/month in Thomas — a 40% difference. Home values follow the same pattern: New Haven is more affordable at $101,700 median vs $158,900.

Median household income in New Haven is $56,500 compared to $55,500 in Thomas (+1.8%). New Haven offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Haven spend roughly 10.4% of their income on rent, less than the 17.7% in Thomas.

Income & Cost

Cost of Living Index
New Haven
55
21% cheaper
Thomas
70
Median Household Income
New Haven
$56,500
2% higher
Thomas
$55,500

Housing

Median Rent
New Haven
$491
40% cheaper
Thomas
$818
Median Home Value
New Haven
$101,700
36% cheaper
Thomas
$158,900
Population
New Haven
1,735
Thomas
614

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