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Ravenswood, WV vs Shepherdstown, WV

68
Ravenswood
West Virginia
VS
-39.1%
112
Shepherdstown
West Virginia

The cost of living difference between Ravenswood, WV and Shepherdstown, WV is dramatic. Ravenswood is 39.1% cheaper than Shepherdstown, a gap that translates to thousands of dollars per year in household expenses. Ravenswood has a cost index of 68 while Shepherdstown sits at 112, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Ravenswood is $969/month compared to $1,152/month in Shepherdstown — a 16% difference. Home values follow the same pattern: Ravenswood is more affordable at $99,600 median vs $474,500.

Median household income in Ravenswood is $45,392 compared to $62,500 in Shepherdstown (-27.4%). The higher salaries in Shepherdstown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ravenswood spend roughly 25.6% of their income on rent, more than the 22.1% in Shepherdstown.

Income & Cost

Cost of Living Index
Ravenswood
68
39% cheaper
Shepherdstown
112
Median Household Income
Ravenswood
$45,392
Shepherdstown
$62,500
27% higher

Housing

Median Rent
Ravenswood
$969
16% cheaper
Shepherdstown
$1,152
Median Home Value
Ravenswood
$99,600
79% cheaper
Shepherdstown
$474,500
Population
Ravenswood
3,846
Shepherdstown
1,399

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ravenswood $2.92
Shepherdstown $3.26
US $3.07
🥚
Eggs (grade A, large)
Ravenswood $2.38
Shepherdstown $2.66
US $2.50
🥛
Milk (whole)
Ravenswood $3.84
Shepherdstown $4.28
US $4.03
🍞
Bread (white)
Ravenswood $1.76
Shepherdstown $1.97
US $1.85
🍗
Chicken breast
Ravenswood $3.95
Shepherdstown $4.41
US $4.14
Electricity
Ravenswood $0.17
Shepherdstown $0.20
US $0.19