Cost of Living in Reedsville, WV

With a cost of living index of 79, Reedsville, WV is a very affordable place to live. Living here is 21% cheaper than the national average and 5% above the West Virginia state average of 73. Reedsville is a small community of 652 residents.

Housing costs are the biggest factor in Reedsville's cost of living. The median monthly rent is $1,045 (21% below the US median of $1,319), and the median home value sits at $178,400 (41% 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 Reedsville is $59,000, which is 21% lower than the national median of $75,149. Residents spend roughly 21% 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 Reedsville. The area sees an average annual temperature of 53.8°F, with summers averaging 72°F and winters around 34°F. Annual rainfall totals 43.2 inches spread over roughly 155 days.

Everyday prices in the Morgantown, WV (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.