Cost of Living in Welch, WV
Population: 3,492 | West Virginia
Welch is 24% less expensive than the national average.
Cost of Living in Welch, WV: What You Need to Know
With a cost of living index of 76, Welch, WV is a very affordable place to live. Living here is 24% cheaper than the national average and 3% above the West Virginia state average of 73. Welch is a small community of 3,492 residents.
The median household income in Welch is $36,188, which is 52% lower than the national median of $75,149. 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
- $36,188
- vs US Median ($75,149)
- -52%
Housing
- Median Home Value
- $56,500
- Median Monthly Housing Cost
- $458/mo