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West Virginia Rent vs Buy Calculator โ€” Updated 2026

State abbreviation: WV

In West Virginia, the median home price is $215,000, and property taxes are 0.58% annually. Homeowners insurance averages $1320/year. Use this calculator to compare the long-term costs of renting versus buying given West Virginia's specific market conditions and tax environment.

West Virginia Financial Data (2026)

State Tax Rate
6.5%
Property Tax Rate
0.58%
Median Home Price
$215,000
Avg Insurance Cost
$1,320/year
Cost of Living Index
82
State Abbreviation
WV