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Parsons, WV vs West Milford, WV

65
Parsons
West Virginia
VS
+8.6%
60
West Milford
West Virginia

West Milford is moderately more affordable than Parsons, with a 8.6% lower cost of living index. Parsons scores 65 compared to 60 for West Milford, where the US average is 100. This difference means residents of Parsons 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 $578/month in West Milford — a 40% difference. Interestingly, home values tell a different story: while West Milford has cheaper rent, Parsons actually has lower median home values ($101,500 vs $130,500).

Median household income in Parsons is $44,375 compared to $69,000 in West Milford (-35.7%). West Milford offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Parsons spend roughly 21.9% of their income on rent, more than the 10.1% in West Milford.

Income & Cost

Cost of Living Index
Parsons
65
West Milford
60
8% cheaper
Median Household Income
Parsons
$44,375
West Milford
$69,000
36% higher

Housing

Median Rent
Parsons
$808
West Milford
$578
28% cheaper
Median Home Value
Parsons
$101,500
22% cheaper
West Milford
$130,500
Population
Parsons
1,481
West Milford
529

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Parsons $2.92
West Milford
US $3.07
🥚
Eggs (grade A, large)
Parsons $2.38
West Milford
US $2.50
🥛
Milk (whole)
Parsons $3.84
West Milford
US $4.03
🍞
Bread (white)
Parsons $1.76
West Milford
US $1.85
🍗
Chicken breast
Parsons $3.95
West Milford
US $4.14
Electricity
Parsons $0.17
West Milford
US $0.19