Housing costs in Morgantown?
A typical home costs
$288,500, which is 14.7% less expensive than the national average of
$338,100 and 30.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Morgantown costs
$980 per month, which is 31.5% cheaper than the national average of
$1,430 and close to the state average of
$980.
Can I afford Morgantown?
To live comfortably in Morgantown, Indiana, a minimum annual income of
$55,440 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Morgantown?
Morgantown, IN is an affordable place to live. The cost of living in the town is quite low, with the median home value being around $121,300 and the median monthly rent for a one-bedroom apartment being around $459. Other than housing costs, other expenses such as food and transportation are also relatively inexpensive. Additionally, there are plenty of job opportunities in the area, making it a great place to both live and work. Overall, Morgantown provides a comfortable lifestyle at an affordable price.