Much like its nearby areas, it is a lot less expensive compared to the United States as a whole. However it's somewhat less expensive compared to the city of Charleston.
Home prices
Inez's median home value is $129,200. Compared to nearby areas this is about $5,260 (4%) higher.In comparison to the US as a whole it is roughly $88,300 (40%) lower, and it is approximately $16,600 (11%) lower compared to the city of Charleston.
Rents
In Inez the median rent is $552 a month. In comparison to other places in this area this is approximately $99 (15%) lower.Compared to the rest of the nation it is roughly $510 (48%) lower, and it is about $183 (24%) lower compared to the city of Charleston.
Nearby places
Warfield
Warfield is about 5 miles east of Inez. Housing prices there are a lot less expensive. The price of the median home in Warfield is $75,400, which works out to $53,800 (71%) lower than Inez. Rents there are significantly more expensive. In Warfield the median monthly rent is $936, which is $384 (41%) higher than Inez.
Kermit
Kermit is roughly 6 miles east from Inez. Housing prices there are similar. The median home value in Kermit is $132,100, which is $2,900 (2%) higher than Inez. Rent there is a little more expensive. In Kermit the median monthly rent is $593, which is $41 (6%) higher than Inez.
Paintsville
Paintsville is roughly 13 miles west from Inez. Housing prices there are somewhat more expensive. The median home price in Paintsville is $161,200, which works out to $32,000 (19%) higher than Inez. Rent there is fairly similar. The median rent in Paintsville is $571 a month, which works out to $19 (3%) higher than Inez.
Prestonsburg
Prestonsburg is roughly 16 miles southwest from Inez. Housing prices there are somewhat less expensive. The median home in Prestonsburg costs $113,300, which works out to $15,900 (14%) lower than Inez. Rent there is somewhat more expensive. Prestonsburg's median monthly rent is $600, which comes out to $48 (7%) higher than Inez.
Louisa
Louisa is about 17 miles north from Inez. Real estate prices there are a bit more expensive. The cost of the median home in Louisa is $137,700, which works out to $8,500 (6%) higher than Inez. Its rents are similar. The median monthly rent in Louisa is $553, which is very similar to Inez.