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2024 BEA RPP All 4 categories Federal source

Beckley, WV

Cost-of-living indicators for Beckley, WV, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 13220 · Data year: 2024 · Rank: #328 of 387

Beckley, WV has a cost of living index of 88.4, meaning it's 11.6% less expensive than the national average. Goods cost 3.7% less, services 8.2% less, and rents are 47.8% below average. A $100K national salary has the purchasing power of $113,162 here.

What the Numbers Mean for Beckley

Beckley ranks #328 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the bottom quartile for cost. With an overall Regional Price Parity of 88.4, Beckley, WV is 11.6% less expensive than the national baseline of 100. The gap between Beckley's most and least expensive categories — the priciest line item versus rents at 52.2 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $113,162 inside Beckley, while a household needs roughly $88,369 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 52.2 — 47.8% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Beckley's overall index has risen by 4.9 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 96.3 and services at 91.8, meaning everyday spending in Beckley is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Beckley Cost Index at a Glance

Beckley all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10088.4

Beckley category breakdown

BEA RPP composition by goods, services, rents, overall

Rents52.246Services91.774Goods96.27Overall88.369

Price Index Summary

Overall

88.4

-11.6 below avg

Goods

96.3

-3.7 below avg

Services

91.8

-8.2 below avg

Rents

52.2

-47.8 below avg

Price Index vs National Average (100)

Overall
National avg

Index 88.4 (-11.6 vs national avg)

Goods
National avg

Index 96.3 (-3.7 vs national avg)

Services
National avg

Index 91.8 (-8.2 vs national avg)

Rents
National avg

Index 52.2 (-47.8 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -47.8% (52.2)
Overall -11.6% (88.4)
Services -8.2% (91.8)
Goods -3.7% (96.3)

Income Adequacy in Beckley

Beckley income adequacy score

$75,000 median income vs RPP 88.4

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$88,369

in Beckley, WV purchasing power

$50,000 nationally
$44,185
$75,000 nationally
$66,277
$125,000 nationally
$110,461
$150,000 nationally
$132,554
$200,000 nationally
$176,738

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 4.9 points over this period.

Year Overall
2008 83.5
2009 78.3
2010 84.9
2011 84.1
2012 83.6
2013 87.3
2014 87.5
2015 87.5
2016 83.3
2017 84.7
2018 86.2
2019 86.3
2020 83.4
2021 89.3
2022 88.2
2023 89.5
2024 88.4

Metros with Similar Cost of Living

These metros have an overall RPP closest to Beckley, WV's index of 88.4.

Related Data for Beckley

Frequently Asked Questions

What is the cost of living in Beckley, WV?
Beckley, WV has a Regional Price Parity (RPP) index of 88.4, meaning it is 11.6% less expensive than the national average. Goods are indexed at 96.3, services at 91.8, and rents at 52.2. It ranks #328 out of 387 U.S. metro areas by overall cost.
What salary do I need in Beckley, WV to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $88,369 in Beckley, WV. Conversely, $100K earned in Beckley, WV has the purchasing power of $113,162 at the national average.
How expensive is rent in Beckley, WV?
Rents in Beckley, WV are indexed at 52.2, which is 47.8% below the national average. This makes the area relatively affordable for renters.
Is Beckley, WV getting more expensive?
From 2008 to 2024, Beckley, WV's overall cost index changed by +4.9 points (from 83.5 to 88.4). The cost of living has been trending upward.
What metros have a similar cost of living to Beckley, WV?
Metros with the most similar overall cost index include Greenville, Pinehurst-Southern Pines, Wheeling. These areas have RPP values within a few points of Beckley, WV's 88.4.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page