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Cost of Living in Shinnston, WV

Population: 2,198 | West Virginia

71
Cost of Living Index
US Average = 100

Shinnston is 29% less expensive than the national average.

71
Housing
44
Home Values
91
Regional Price

Cost of Living in Shinnston, WV: What You Need to Know

With a cost of living index of 71, Shinnston, WV is one of the most affordable cities in the country. Living here is 29% cheaper than the national average and in line with the West Virginia state average. Shinnston is a small community of 2,198 residents.

Housing costs are the biggest factor in Shinnston's cost of living. The median monthly rent is $940 (29% below the US median of $1,319), and the median home value sits at $135,500 (56% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Shinnston is $63,750, which is 15% lower than the national median of $75,149. Residents spend roughly 18% 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.

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.

Income

Median Household Income
$63,750
vs US Median ($75,149)
-15%

Housing

Median Rent
$940/mo
Median Home Value
$135,500
Median Monthly Housing Cost
$845/mo

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