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Pinch, WV vs Spencer, WV

74
Pinch
West Virginia
VS
+21.7%
61
Spencer
West Virginia

There is a significant gap in the cost of living between these two cities. Spencer is 21.7% cheaper than Pinch. With a cost index of 61 vs 74, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Spencer to Pinch should plan for substantially higher expenses across most categories.

On the housing front, median rent in Pinch is $865/month compared to $658/month in Spencer — a 32% difference. Home values follow the same pattern: Spencer is more affordable at $108,700 median vs $198,400.

Median household income in Pinch is $72,406 compared to $25,897 in Spencer (+179.6%). While Pinch is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Pinch spend roughly 14.3% of their income on rent, less than the 30.5% in Spencer. The Pinch ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Pinch
74
Spencer
61
18% cheaper
Median Household Income
Pinch
$72,406
64% higher
Spencer
$25,897

Housing

Median Rent
Pinch
$865
Spencer
$658
24% cheaper
Median Home Value
Pinch
$198,400
Spencer
$108,700
45% cheaper
Population
Pinch
3,893
Spencer
2,137

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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