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Ravenswood, WV vs Wayne, WV

68
Ravenswood
West Virginia
VS
+15.6%
59
Wayne
West Virginia

There is a significant gap in the cost of living between these two cities. Wayne is 15.6% cheaper than Ravenswood. With a cost index of 59 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wayne to Ravenswood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ravenswood is $969/month compared to $732/month in Wayne — a 32% difference. Home values follow the same pattern: Wayne is more affordable at $74,200 median vs $99,600.

Median household income in Ravenswood is $45,392 compared to $31,797 in Wayne (+42.8%). While Ravenswood 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, less than the 27.6% in Wayne.

Income & Cost

Cost of Living Index
Ravenswood
68
Wayne
59
14% cheaper
Median Household Income
Ravenswood
$45,392
30% higher
Wayne
$31,797

Housing

Median Rent
Ravenswood
$969
Wayne
$732
24% cheaper
Median Home Value
Ravenswood
$99,600
Wayne
$74,200
26% cheaper
Population
Ravenswood
3,846
Wayne
1,433

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ravenswood $2.92
Wayne $2.93
US $3.07
🥚
Eggs (grade A, large)
Ravenswood $2.38
Wayne $2.39
US $2.50
🥛
Milk (whole)
Ravenswood $3.84
Wayne $3.84
US $4.03
🍞
Bread (white)
Ravenswood $1.76
Wayne $1.77
US $1.85
🍗
Chicken breast
Ravenswood $3.95
Wayne $3.95
US $4.14
Electricity
Ravenswood $0.17
Wayne $0.16
US $0.19