Cost of Living in Morgantown, WV
| Cost of Living in Morgantown, WV | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 12% higher | 17% lower |
| Utilities (Monthly) | 1% lower | 10% lower |
| Food | 0% | 5% lower |
| Healthcare | 6% lower | 12% lower |
| Transportation | 1% higher | 0% |
| Goods & Services | 5% higher | 1% lower |
The cost of living in Morgantown, WV is 4% higher than the state average and 8% lower than the national average. Morgantown, WV housing is 17% cheaper than the U.S average, while utilities are about 10% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 5% cheaper in Morgantown, WV than in the rest of the country, while clothing costs around 1% less .
Healthcare services such as doctor check-ups and dentistry cost 12% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% cheaper in Morgantown, WV.
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 $1,287, while home prices circle around $449,095.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Morgantown, energy bills cost around $192.72 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 $4.56 in Morgantown, a dozen eggs go for around $4.38 and a pound of potatoes circles around $4.80.
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 $153.00, while a dentist appointment is priced $89.79 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.08 in Morgantown, while getting your tires balanced will run you about $61.19.
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 $38.17 here. Meanwhile, a pair of women's slacks will set you back around $39.88.
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 $11.51 a month. When it comes to personal services, a haircut usually goes for $32.64, while dry cleaning costs about $19.70.
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 $44,727.