Cost of Living in Morgantown, WV
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Morgantown is $145, while home prices circle around $336,092.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Morgantown, energy bills cost around $144.43 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $1.85 in Morgantown, a dozen eggs go for around $1.31 and a pound of potatoes circles around $4.09.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Morgantown, an optometry check-up costs around $108.31, while a dentist appointment is priced $92.77 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.74 in Morgantown, while getting your tires balanced will run you about $39.59.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $31.83 here. Meanwhile, a pair of women's slacks will set you back around $31.86.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Morgantown, you should budget around $11.93 a month. When it comes to personal services, a haircut usually goes for $25.00, while dry cleaning costs about $15.21.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Morgantown, the median household income is $42,474.