CostIndexUSA

Charleston, WV vs Washington, DC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWV
Charleston
88.7
overall index
$1,000/mo rent
DC
Washington
108.9
overall index
$2,325/mo rent

Charleston is significantly cheaper than Washington — 22.8% lower overall cost of living.

To match an $80,000 salary in Charleston, you would need $98,200 in Washington. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+194.0%
Charleston
51.4
Washington
151.1
🛒 Groceries+8.8%
Charleston
96.3
Washington
104.8
🚗 Transportation+2.5%
Charleston
104.8
Washington
107.4
🏥 Healthcare+2.5%
Charleston
94.8
Washington
97.2
Utilities+16.4%
Charleston
91.7
Washington
106.7

Salary Equivalency Calculator

Enter your current salary in Charleston to see what you'd need to earn in Washington to maintain the same purchasing power.

$
Equivalent salary in Washington, DC
$98,200
$18,200 more needed in Washington

Formula: salary × (108.9 ÷ 88.7) = salary × 1.2277. Based on BEA Regional Price Parities.

Housing Market

Charleston, WV

Median Home Price
$143,000
Median Monthly Rent
$1,000
Housing Index
51.4
Price-to-Rent Ratio
11.9×

Washington, DC

Median Home Price
$567,000
Median Monthly Rent
$2,325
Housing Index
151.1
Price-to-Rent Ratio
20.3×

Washington has 194.0% higher housing costs compared to Charleston.

Income & Job Market

Charleston, WV

Median Household Income
$55,400
Per Capita Income
$31,600
Unemployment Rate
5.1%
Population
47,068
Top Industries
GovernmentHealthcareEnergyFinanceEducation

Washington, DC

Median Household Income
$121,500
Per Capita Income
$69,300
Unemployment Rate
4%
Population
689,545
Top Industries
GovernmentFinanceTechnologyHealthcareDefense

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Charleston, WV
4.6×income-to-rent ratio

78% of income left after rent (median)

Washington, DC
4.4×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.