State Comparison

Virginia vs West Virginia

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

5
Virginia
VA
1 tied
of 16 metrics
10
West Virginia
WV

Cost of Living

Cost of Living Index
VA: 103.7
WV: 84.1
WV

Housing

Median Home Price
VA: $380,000
WV: $135,000
WV
Median 2BR Rent
VA: $1,425/mo
WV: $760/mo
WV
Closing Costs
VA: 2.70%
WV: 2.80%
VA
Transfer Tax Rate
VA: 0.25%
WV: 0.22%
WV

Taxes

Property Tax Rate
VA: 0.82%
WV: 0.58%
WV
Top Income Tax Rate
VA: 5.75%
WV: 5.12%
WV
Sales Tax Rate
VA: 5.30%
WV: 6.00%
VA
Capital Gains Tax Rate
VA: 5.75%
WV: 5.12%
WV

Income & Employment

Median Household Income
VA: $80,615
WV: $48,850
VA
Minimum Wage
VA: $12.00/hr
WV: $8.75/hr
VA
Max Unemployment Benefit
VA: $378/wk
WV: $424/wk
WV

Business

LLC Filing Fee
VA: $100
WV: $100
Tie
LLC Annual Fee
VA: $50
WV: $25
WV

Insurance & Living

Avg Car Insurance
VA: $1,430/yr
WV: $1,520/yr
VA
Avg Home Insurance
VA: $1,550/yr
WV: $1,450/yr
WV

Key Takeaways

  • 1

    West Virginia leads in 10 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $380,000 in Virginia vs $135,000 in West Virginia — a $245,000 difference.

  • 3

    Taxes: Virginia has a 5.75% top income tax rate while West Virginia has a 5.12% top rate. Property tax rates are 0.82% vs 0.58%.

  • 4

    Cost of Living: Virginia's index is 103.7 and West Virginia's is 84.1 (national average = 100).

Frequently Asked Questions

Is Virginia or West Virginia more affordable?

West Virginia has a lower cost of living index (84.1) compared to Virginia (103.7), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — Virginia or West Virginia?

Overall, West Virginia has a lower combined tax burden. Virginia has a 5.75% top income tax, 5.3% sales tax, and 0.82% property tax. West Virginia has a 5.12% top income tax, 6% sales tax, and 0.58% property tax.

What are housing costs in Virginia vs West Virginia?

The median home price in Virginia is $380,000 compared to $135,000 in West Virginia. For renters, a 2-bedroom apartment averages $1,425/month in Virginia vs $760/month in West Virginia.

Which state is better for starting a business — Virginia or West Virginia?

LLC filing costs are $100 in Virginia vs $100 in West Virginia, with annual fees of $50 and $25 respectively. Virginia's 5.75% top tax rate compared to West Virginia's 5.12% rate may also factor into your decision.

Should I move from Virginia to West Virginia?

It depends on your priorities. West Virginia wins in 10 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing Virginia and West Virginia

When deciding between living in Virginia or West Virginia, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

Virginia (VA) has a median household income of $80,615 with a cost of living index of 103.7. West Virginia (WV) has a median household income of $48,850 with a cost of living index of 84.1.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free Virginia calculator or West Virginia calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.