Cost of Living in Addison (Webster Springs), WV

With a cost of living index of 55, Addison (Webster Springs), WV is one of the most affordable cities in the country. Living here is 45% cheaper than the national average and 18% below the West Virginia state average of 73. Addison (Webster Springs) is a small community of 913 residents.

Housing costs are the biggest factor in Addison (Webster Springs)'s cost of living. The median monthly rent is $512 (61% below the US median of $1,319), and the median home value sits at $98,600 (68% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in Addison (Webster Springs) is $32,708, which is 56% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Addison (Webster Springs). The area sees an average annual temperature of 51.7°F, with summers averaging 70°F and winters around 33°F. Annual rainfall totals 47.2 inches spread over roughly 173 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.