Cost of Living in St. Marys, WV
Population: 2,178 | West Virginia
St. Marys is 44% less expensive than the national average.
Cost of Living in St. Marys, WV: What You Need to Know
With a cost of living index of 56, St. Marys, WV is one of the most affordable cities in the country. Living here is 44% cheaper than the national average and 17% below the West Virginia state average of 73. St. Marys is a small community of 2,178 residents.
Housing costs are the biggest factor in St. Marys's cost of living. The median monthly rent is $467 (65% below the US median of $1,319), and the median home value sits at $129,400 (58% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.
The median household income in St. Marys is $59,315, which is 21% lower than the national median of $75,149. Residents spend roughly 9% 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
- $59,315
- vs US Median ($75,149)
- -21%
Housing
- Median Rent
- $467/mo
- Median Home Value
- $129,400
- Median Monthly Housing Cost
- $693/mo