Retirement in West Virginia

Why should you Retire in West Virginia?

 

West Virginia has everything going for it when it comes to considering it as a viable retirement destination. Its mild, four-season climate is a relief for retirees relocating from the harsher climatic conditions of north-east, southern and midwest states of the US. Its cost of living is 23% lower than the north-eastern states of the US, its population density is 12.8% lesser than the national average, and the cost of living index for 17 of the WV states is 97.0. All these factors, coupled with its lively mountain culture, recreation options and availability of important services make West Virginia a natural choice for the development of retirement homes.

In all there are 8 regions in West Virginia which are prominent for their retirement communities. The Northern Panhandle region with its unique blend of historicity and modern living, the Mid-Ohio Valley with a milieu that is a blend of western frontier and Victorian inheritances, the very contemporary Metro Valley region with its shopping plazas and nightlife, the panoramic heartland of Mountain Lakes, the scenic Potomac Highlands which challenges sports enthusiasts, the picture-perfect Eastern Panhandle towns, the Mountaineer Country true to its traditional mountainous culture and lifestyle, and the Greenbier Valley which is a collage of gentle farmlands, white water rivers and historic towns

 

West Virginia - at a Glance

 

Population Climate State Income Tax State Sales Tax Median Home Price
1,808,344 Humid Subtropical climate and Humid Continental Climate 6.5% 6% N/A

 

Pros:Plenty of outdoor recreational sports for summers as well as winters. Commuting time is 15% lesser than the national average. West Virginia also offers a comparatively lower cost of living

Cons:Hot, humid summers and cold winters. West Virginia is one of the cloudiest states in the US, affecting the comfort index somewhat.

 

What will your Expenses be in West Virginia?

 

 

The above table shows the percentage fluctuations in expenditures incurred in West Virginia, as compared to the nation's average, which is taken as 100%.

West Virginia is quite a less expensive state in the US for retirees to reside. For example, if you are presently residing in Vermont, New York, New Jersey or Rhode Island, then it is a good decision to shift to West Virginia after you retire as the cost of living in this state, including groceries, housing, transportation, utilities, healthcare, and other goods is comparatively lesser here.