Cost Of Living in Ghent, WV

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Ghent	West Virginia	National
Cost of living	141	85	100
Goods & Services	100	95	100
Groceries	98	98	100
Health care	92	97	100
Housing	246	62	100
Transportation	89	94	100
Utilities	94	96	100

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Cost Of Living Quick Facts

The cost of living in Ghent is 65% higher than the West Virginia average
The cost of living in Ghent is 41% higher than the national average
Ghent housing is 146% higher than the national average
West Virginia general sales tax is 18% higher than the national average
West Virginia state income tax is 16% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$136,827	$11,402	$3,192	$4,105
Renters	$0	$0	$0	$0

West Virginia Sales Tax

State	General Sales Tax	With Max Surtax
West Virginia	6%	7%

West Virginia Income Tax

State	Income Tax (Low)	Income Tax (High)
West Virginia	3%	6.5%

Goods & Services

Item	Ghent	National avg.	Difference
Haircut	$27.83	$24.26	14.7%
Beauty Salon	$59.17	$45.56	29.9%
Toothpaste	$4.10	$3.70	10.8%
Shampoo	$1.72	$1.28	34.3%
Movie	$15.61	$12.13	28.7%
Bowling	$27.24	$18.00	51.4%

Groceries

Item	Ghent	National avg.	Difference
Ground Beef	$5.67	$5.84	2.8%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.83	$4.67	3.4%
Potatoes	$5.33	$4.93	8.0%
Pizza	$12.62	$12.09	4.4%
Beer	$11.14	$10.41	7.0%

Health Care

Item	Ghent	National avg.	Difference
Optometrist	$130.89	$125.68	4.1%
Doctor	$159.79	$135.78	17.7%
Dentist	$125.44	$113.29	10.7%
Ibuprofen	$11.37	$10.65	6.7%
Lipitor	$460.80	$468.60	1.7%

Housing

Item	Ghent	National avg.	Difference
Home Price	$454,200.00	$184,700.00	145.9%
Avg. Mortgage Payment	$4,632.77	$2,346.69	97.4%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Ghent	National avg.	Difference
Gasoline	$3.51	$3.46	1.3%
Tire Balancing	$80.00	$59.92	33.5%

Utilities

Item	Ghent	National avg.	Difference
All Electricity	$200.62	$193.99	3.4%
Phone	$184.83	$192.25	3.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Corinne, WV	99	97	3.5%
Covel, WV	25	96	3.6%
Bud, WV	308	96	3.6%
Eccles, WV	0	97	3.5%
Helen, WV	15	97	3.5%
Ghent, WV	589	141	41.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Schall Circle, FL	589	108	7.9%
Albert City, IA	589	83	17.2%
Grand Tower, IL	589	75	24.8%
Camden, IN	589	84	15.9%
River Bluff, KY	589	120	20.1%
Ghent, WV	589	141	41.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Ghent, WV