Newell, WV vs Valley Grove, WV
Newell, WV and Valley Grove, WV have a very similar cost of living, with only a 4.6% difference in their overall index. Newell scores 63 while Valley Grove scores 66 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 Newell is $823/month compared to $786/month in Valley Grove — a 5% difference. Interestingly, home values tell a different story: while Valley Grove has cheaper rent, Newell actually has lower median home values ($86,700 vs $136,700).
Median household income in Newell is $38,924 compared to $54,028 in Valley Grove (-28%). While Valley Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newell spend roughly 25.4% of their income on rent, more than the 17.5% in Valley Grove.
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