Zip 26508 (Morgantown, WV) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Morgantown, West Virginia?
$4,620 / month
for a family, 14.4% less expensive than the national average A total of $55,440 for the year for a family.
$2,833 / month
for a single person, 40.6% less expensive than the national average A total of $34,000 for the year for a single person.

Morgantown cost of living score
89.8
Less expensive
10.2% lower
than the US average
13.1% higher
than the West Virginia average
Morgantown (zip 26508), West Virginia gets a BestPlaces Cost of Living score of 89.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.2% lower than the U.S. average and 13.1% lower than the average for West Virginia.

Zip 26508 (Morgantown, WV)

Housing costs in Morgantown?
A typical home costs $289,800, which is 14.3% less expensive than the national average of $338,100 and 107.4% more expensive than the average West Virginia home, at $139,700. Renting a two-bedroom unit in Morgantown costs $1,070 per month, which is 24.4% more than the national average of $860 and 8.4% more than the state average of $980.

Can I afford Morgantown?
To live comfortably in Morgantown (zip 26508), West Virginia, a minimum annual income of $55,440 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Morgantown?
The cost of living in 26508 Morgantown, WV is generally affordable. Groceries, health care, utilities, and transportation costs are all reasonably priced in the area. The median home price is $130,800 and rent averages at around $945 per month. The median household income is approximately $36,000 and the unemployment rate is 4.5%. Overall, Morgantown is a great place to live with an affordable cost of living that can be enjoyed by people of all incomes.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMorgantownWest VirginiaUnited States
    Unlock79.4100.0
  103.8  Unlock100.0
    Unlock127.0100.0
  88.8  Unlock100.0
    Unlock$139,700$338,100
  85.6  Unlock100.0
    Unlock90.1100.0
  106.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.