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Newell, WV vs Racine, WV

63
Newell
West Virginia
VS
-21.5%
80
Racine
West Virginia

There is a significant gap in the cost of living between these two cities. Newell is 21.5% cheaper than Racine. With a cost index of 63 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newell to Racine should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Newell are $86,700 compared to $112,700 in Racine, a 23% gap.

Median household income in Newell is $38,924 compared to $73,724 in Racine (-47.2%). While Racine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Racine is notably warmer with an average of 56.2°F compared to 51.8°F in Newell. Racine receives more rainfall at 46.2" per year compared to 39.6" in Newell.

Income & Cost

Cost of Living Index
Newell
63
21% cheaper
Racine
80
Median Household Income
Newell
$38,924
Racine
$73,724
47% higher

Housing

Median Rent
Newell
$823
Racine
Median Home Value
Newell
$86,700
23% cheaper
Racine
$112,700
Population
Newell
1,252
Racine
451

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newell $2.94
Racine $2.92
US $3.07
🥚
Eggs (grade A, large)
Newell $2.40
Racine $2.38
US $2.50
🥛
Milk (whole)
Newell $3.86
Racine $3.84
US $4.03
🍞
Bread (white)
Newell $1.77
Racine $1.76
US $1.85
🍗
Chicken breast
Newell $3.97
Racine $3.95
US $4.14
Electricity
Newell $0.17
Racine $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Newell 51.8°F
Racine 56.2°F
Summer High
Newell 83°F
Racine 86°F
Winter Low
Newell 21°F
Racine 26°F
Rainfall
Newell 39.6"
Racine 46.2"
Rainy Days
Newell 154d
Racine 151d