Four north central counties in top 10 of WV purchasing power, study says

News
640x360_81030C00-WZDZM_1556825599164.jpg

A new study by financial technology company SmartAsset looked at what areas of West Virginia offer residents the most for their money.

The study compares median income and cost of living to determine purchasing power.

In terms of purchasing power, four counties in north central West Virginia were ranked in the top 10: Marion(6), Harrison(7), Taylor(8) and Monongalia(10).  That was the most from any one region of the state, in the study’s top 10.

Jefferson, Putnam, Berkeley, Brooke and Morgan counties ranked as the top five.

Four north central counties were also in the top 10 when it comes to median income: Monongalia(4), Harrison(6), Marion(7) and Preston(9).

Jefferson(1), Berkeley(2), Putnam(3) and Brooke(5) rounded out the top five.

The north central region was again was the best represented in the category.

McDowell County has the highest cost of living in the state, according to the study, followed by Calhoun, Upshur, Barbour and Lincoln counties.

The study looked at housing, food, taxes, education and childcare, transportation, healthcare and “extras”(clothing, personal care items, household cleaning products) when determining cost of living. 

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Link to 12 things you need to know page

WBOY 12 News Facebook Page