Housing costs in Morgantown?
A typical home costs
$223,200, which is 34.0% less expensive than the national average of
$338,100 and 59.8% more expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Morgantown costs
$1,050 per month, which is 22.1% more than the national average of
$860 and 6.7% more than the state average of
$980.
Can I afford Morgantown?
To live comfortably in Morgantown (zip 26505), West Virginia, a minimum annual income of
$42,840 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Morgantown?
The cost of living in 26505 Morgantown, WV is quite reasonable. Compared to the rest of the United States, housing costs are 7 percent lower and overall expenses are approximately 10 percent lower than the national average. This makes Morgantown an attractive place to live for those looking for a more affordable lifestyle without sacrificing amenities. Groceries and utilities also remain relatively low when compared to other locations in the U.S., which make it a great option for budget-conscious individuals or families. Plus, with its close proximity to major metropolitan areas such as Pittsburgh, Philadelphia, and Baltimore, residents can enjoy access to all the culture and dining options that come with living near a large city without having to pay exorbitantly high prices for rent or other necessities.