Cost of Living in Grant County, West Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Grant County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Grant County ranks #64 of 3,144 counties for affordability (top 2%)
Data Story
About Cost of Living in Grant County, West Virginia
Grant County beats national affordability
Grant County's rent-to-income ratio of 11.9% is the lowest in this eight-county analysis and well below both state (16.9%) and national norms. With median household income at $61,530 and monthly rent just $612, Grant residents enjoy genuine affordability and fiscal breathing room.
West Virginia's most affordable county
Grant's 11.9% rent-to-income ratio leads all peer counties and ranks among the state's best. The combination of solid local income and low rents creates a rare housing-affordability advantage in West Virginia.
Lowest rents, strong income stability
Grant's $612 monthly rent undercuts every peer county, and its $61,530 median income ranks among the region's highest. Homeownership costs $613 monthly with a median home value of $167,500, offering good value for buyers in a county with proven income strength.
Just 11.9% of income to housing
Renters pay only $612 monthly—just 11.9% of typical household income—while homeowners spend $613, creating parity and flexibility. This leaves Grant households $200+ monthly compared to higher-burden peers, enabling savings and investment.
Top choice for housing affordability
Grant County delivers West Virginia's best housing-to-income balance, making it ideal for cost-conscious relocators seeking stability. Compare job prospects here against peer counties—Grant's affordability advantage justifies the comparison.
Cost of Living Advisory: Grant County
Affordability Verdict
Grant County offers affordable rental housing at a median of $612/month — about 11.9% of the typical household income here.
Rent vs. Own
At $612/month rent versus $613/month in owner costs, renting is roughly $1/month cheaper — a 0% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $24,480/year. For owner costs at the 28% rule, the required income is roughly $26,271/year. With a median household income of $61,530, most households can comfortably afford rent here. Notably, 33.0% of renter households in Grant County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Grant County sits 9% less expensive than Nicholas County ($669/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Grant County
Rent Burden
11.9%
of gross income
Max Housing (28% Rule)
$1,436
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Grant County
Median home value is $167,500. Estimated monthly cost: $1,337 vs. your max of $1,436.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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