Parsons, WV vs Shady Spring, WV

Parsons is moderately more affordable than Shady Spring, with a 13.3% lower cost of living index. Parsons scores 65 compared to 75 for Shady Spring, where the US average is 100. This difference means residents of Shady Spring can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Parsons is $808/month compared to $923/month in Shady Spring — a 13% difference. Home values follow the same pattern: Parsons is more affordable at $101,500 median vs $192,000.

Median household income in Parsons is $44,375 compared to $70,792 in Shady Spring (-37.3%). While Shady Spring is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parsons spend roughly 21.9% of their income on rent, more than the 15.6% in Shady Spring.