Cost of living in Fairmont
Fairmont, located in West Virginia, offers a unique blend of small-town charm and modern amenities. Understanding the cost of living in Fairmont is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $10 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $75, with prices ranging from $52 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $11, with a range between $10 and $12.45.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $8, imported beer $5 to $10, cappuccino $2.19 to $6.79, and Coke/Pepsi $2 to $3.49.
Grocery Prices
- Milk - Milk is priced between $0.71 and $1.06 per liter, averaging $0.86.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.97 and $4.41, with an average price of $2.85.
- Eggs (Dozen) - A dozen eggs range from $1.4 to $4.65, averaging $1.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $4.39 to $6.61 per kg, while oranges range from $2.18 to $8.82 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.96 and $6.61 per kg, and lettuce costs $1 to $2.29 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.75 and $5, with a monthly pass priced between $88 and $150.
- Fuel (Gasoline) - Gasoline is priced between $0.75 and $1.37 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.26 to $2.17 per km and $27 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1000.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $900.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1600.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1400.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $160 and $379, averaging $245.89.
- Internet - Internet services range from $50 to $100, with an average cost of $70.72.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
Fairmont offers a relatively affordable cost of living compared to larger cities, with moderate housing and utility costs.
Dining out can vary significantly in price, offering options for both budget-friendly and upscale experiences.
Transportation costs are reasonable, with affordable gasoline prices and taxi fares.
Conclusion
In conclusion, Fairmont, WV, presents a balanced cost of living that caters to a variety of lifestyles and budgets.
Whether you're considering moving to Fairmont or planning a visit, understanding these costs can help you manage your finances effectively.