Small Town9,930 people

Cheat Lake, WV

Discover how far your salary goes in Cheat Lake. Compare taxes, rent, and living costs.

Cost Index
72
💚 Very Affordable
Population

9,930

State Tax

6.5%

1BR Rent

$774

/month

vs National

-45%

below avg

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Rent Prices in Cheat Lake

🏠

Studio

$619

/month

$7,428/year

Most Common
🛏️

1 Bedroom

$774

/month

$9,288/year

🏡

2 Bedroom

$1,045

/month

$12,540/year

🏘️

3 Bedroom

$1,354

/month

$16,248/year

Taxes in West Virginia

State Income Tax

West Virginia

6.5%

For a $100k salary, that's ~$6,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Cheat Lake, WV?

Cheat Lake has a cost of living index of 72, which is 28% below the national average. A 1-bedroom apartment costs around $774/month.

What is the state income tax in West Virginia?

West Virginia has a state income tax rate of approximately 6.5%. This is in addition to federal income tax.

How much is rent in Cheat Lake?

The median rent for a 1-bedroom apartment in Cheat Lake is $774/month. For a 2-bedroom, expect to pay around $1,045/month. This is 45% below the national average.

Is Cheat Lake a good place to live?

Cheat Lake is a small town with a population of 9,930. The cost of living is very affordable, making it more affordable than average for the US.

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