Cost of Living in Morgantown, WV
2024 data from the Bureau of Economic Analysis
Cost Index
93.3
6.7% below avg
Housing Index
69.1
Median Income
$60,670
Median Rent
$914/mo
Cost Breakdown
Overall93.3 (-6.7%)
Housing69.1 (-30.9%)
Goods96.3 (-3.7%)
Utilities92.5 (-7.5%)
Other Services99.8 (-0.2%)
National average = 100
Income & Housing
Median Household Income
$60,670/year
Median Home Value
$215,300
Median Monthly Rent
$914/mo
Per Capita Income
$36,095/year
Compare Morgantown, WV With
Morgantown, WV vs Athens, GAMorgantown, WV vs Akron, OHMorgantown, WV vs Traverse City, MIMorgantown, WV vs Greenville, SCMorgantown, WV vs Lafayette, INMorgantown, WV vs Lebanon, PAMorgantown, WV vs Burlington, NCMorgantown, WV vs Homosassa Springs, FLMorgantown, WV vs Monroe, MIMorgantown, WV vs Billings, MT
Frequently Asked Questions
Is Morgantown, WV expensive to live in?
Morgantown, WV has a cost of living index of 93.3, which is 6.7% below the national average.
How much does housing cost in Morgantown, WV?
Housing costs in Morgantown, WV are indexed at 69.1 compared to the national average of 100. The median monthly rent is $914.
What is the average income in Morgantown, WV?
The median household income in Morgantown, WV is $60,670 per year.
What is the average home price in Morgantown, WV?
The median home value in Morgantown, WV is $215,300.