Ravenswood, WV vs Stanaford, WV

Ravenswood, WV and Stanaford, WV have a very similar cost of living, with only a 3% difference in their overall index. Ravenswood scores 68 while Stanaford scores 70 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 Ravenswood is $969/month compared to $873/month in Stanaford — a 11% difference. Interestingly, home values tell a different story: while Stanaford has cheaper rent, Ravenswood actually has lower median home values ($99,600 vs $154,700).

Median household income in Ravenswood is $45,392 compared to $46,944 in Stanaford (-3.3%). While Stanaford is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ravenswood spend roughly 25.6% of their income on rent, more than the 22.3% in Stanaford.