Morgantown, WV Cost Of Living
Cost Of Living In Morgantown, WV Summary
Cost of living in Morgantown research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Morgantown is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in West Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Morgantown is 99, with 100 being the average.
The cost of living index in Morgantown is 1.0x lower than the national average.
Morgantown ranks as the #25 cheapest in West Virginia out of 30.
Morgantown ranks as the #2,497 cheapest out of 6,489 in the US.
The median home value in Morgantown is $273,557.
The median income in Morgantown is $42,245.
Table Of Contents
Morgantown's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Morgantown, WV?
According to the most recent data on the cost of living, Morgantown has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to West Virginia, Morgantown has a cost of living index that's 1.1x higher than West Virginia's index of 87.
The standard of living in Morgantown ranks as #25 most affordable out of the 30 places we measured in West Virginia. By definition, that implies Morgantown ranks as the #5 most expensive place in the Mountain State.
For more reading on life in Morgantown, check out:
In West Virginia
In America
Morgantown Cost Of Living Vs. West Virginia
Six factors go into calculating the cost of living index in Morgantown. Here is how it fairs on each of the criteria:
The Services index in Morgantown is 94.
The Groceries index in Morgantown is 98.
The Health index in Morgantown is 90.
The Housing index in Morgantown is 109.
The Transportation index in Morgantown is 95.
The Utilities index in Morgantown is 95.
| Living Expense | Morgantown | West Virginia | National Average | |
|---|---|---|---|---|
| Overall | 99 | 87 | 100 | |
| Services | 94 | 95 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 90 | 96 | 100 | |
| Housing | 109 | 62 | 100 | |
| Transportation | 95 | 93 | 100 | |
| Utilities | 95 | 95 | 100 | |
Morgantown, WV Housing Cost Breakdown
Housing swings affordability the most between places in West Virginia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Morgantown is $273,557.
The Median Rent in Morgantown is $888.
The Median Income in Morgantown is $42,245.
The Home Value To Income in Morgantown is 6.5x.
The Rent To Monthly Income in Morgantown is 0.25x.
| Statistic | Morgantown | West Virginia | United States |
|---|---|---|---|
| Median Home Value | $273,557 | $170,604 | $303,400 |
| Median Rent | $888 | $850 | $1,348 |
| Median Income | $42,245 | $57,917 | $78,538 |
| Home Value To Income | 6.5x | 2.9x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Morgantown, WV Costs By Category
Detailed Morgantown Services Costs Vs. West Virginia
| Item | Morgantown | West Virginia |
|---|---|---|
| Shampoo | $1.15 | $1.28 |
| Movie | $10.26 | $12.13 |
| Bowling | $17.17 | $18 |
| Haircut | $29.44 | $24.26 |
| Beauty Salon | $49.17 | $45.56 |
Detailed Morgantown Groceries Costs Vs. West Virginia
| Item | Morgantown | West Virginia |
|---|---|---|
| Ground Beef | $5.63 | $5.84 |
| Fried Chicken | $1.35 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.49 | $4.93 |
| Pizza | $11.17 | $12.09 |
| Beer | $10.15 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Morgantown Health Costs Vs. West Virginia
| Item | Morgantown | West Virginia |
|---|---|---|
| Optometrist | $126.67 | $125.68 |
| Doctor | $137.65 | $135.78 |
| Dentist | $100.44 | $113.29 |
Detailed Morgantown Transportation Costs Vs. West Virginia
| Item | Morgantown | West Virginia |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $47.54 | $59.92 |
Detailed Morgantown Utilities Costs Vs. West Virginia
| Item | Morgantown | West Virginia |
|---|---|---|
| All Electricity | $178.61 | $193.99 |
| Phone | $185.45 | $192.25 |
Morgantown SnackAbility
/10
Cost Of Living In Cities Around Morgantown
The cost of living varies in the cities and towns around Morgantown. Here's a quick look at the cost of living in the most populous nearby places:
West Mifflin, PA has a cost of living index of 86, 0.9x Morgantown.
Whitehall, PA has a cost of living index of 100, 1.0x Morgantown.
Washington, PA has a cost of living index of 90, 0.9x Morgantown.
| City | Population | Cost Of Living | Vs. Morgantown |
|---|---|---|---|
| West Mifflin, PA | 19,338 | 86 | 0.9x |
| Whitehall, PA | 14,863 | 100 | 1.0x |
| Washington, PA | 13,361 | 90 | 0.9x |
| Jefferson Hills, PA | 12,313 | 109 | 1.1x |
| Cheat Lake, WV | 10,485 | 112 | 1.1x |
| Canonsburg, PA | 9,682 | 96 | 1.0x |
| Pleasant Hills, PA | 8,418 | 99 | 1.0x |
| White Oak, PA | 7,520 | 93 | 0.9x |
| Centerville, SC | 6,860 | 92 | 0.9x |
| Brookhaven, WV | 6,465 | 97 | 1.0x |
