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Richwood, WV vs Smithers, WV

56
Richwood
West Virginia
VS
+7.6%
52
Smithers
West Virginia

Smithers is moderately more affordable than Richwood, with a 7.6% lower cost of living index. Richwood scores 56 compared to 52 for Smithers, where the US average is 100. This difference means residents of Richwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Richwood is $630/month compared to $496/month in Smithers — a 27% difference. Interestingly, home values tell a different story: while Smithers has cheaper rent, Richwood actually has lower median home values ($67,600 vs $72,800).

Median household income in Richwood is $33,614 compared to $32,237 in Smithers (+4.3%). The higher salaries in Richwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Richwood spend roughly 22.5% of their income on rent, more than the 18.5% in Smithers.

Income & Cost

Cost of Living Index
Richwood
56
Smithers
52
7% cheaper
Median Household Income
Richwood
$33,614
4% higher
Smithers
$32,237

Housing

Median Rent
Richwood
$630
Smithers
$496
21% cheaper
Median Home Value
Richwood
$67,600
7% cheaper
Smithers
$72,800
Population
Richwood
2,617
Smithers
891

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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