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Cheat Lake, WV

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
78
Affordable
Median Home Value
$345,500
National: $426,735
Median Rent
$1,113/mo
National: $1,527/mo
Household Income
$111,379
National: $84,532
Population
10,485
Purchasing Power
169
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
81 / 100
100 = national average
Rent Index
73 / 100
Overall Index
78
Affordable

Cheat Lake Mortgage Calculator

Pre-filled with the local median home value of $345,500 and West Virginia's property tax rate of 0.58%.

Salary & Purchasing Power

Median household income is $111,379 32% above the national average.

What $111,379 in Cheat Lake Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$215,618+94%
Los Angeles, CA$242,749+118%
Houston, TX$101,383-9%
Philadelphia, PA$97,100-13%

Property Tax in Cheat Lake, WV

Est. Annual Property Tax
$2,004
Monthly Impact
$167
Added to your mortgage
Effective Rate
0.58%
National avg: ~1.00%

West Virginia Tax Overview

Tax TypeWest VirginiaNational Avg
Property Tax Rate0.58%1.00%
Top Income Tax Rate5.12%~5.0%
State Sales Tax6.52%~5.0%

Compare Cheat Lake to Another City

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Cost of Living Comparison

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Cheat Lake, WV
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Cheat Lake, WV: 81
Rent Prices
73
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR