CostIndexUSA

Albuquerque, NM vs Morgantown, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NM
Albuquerque
95.5
overall index
$1,525/mo rent
More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent

Morgantown is slightly cheaper than Albuquerque — 2.3% lower overall cost of living.

To match an $80,000 salary in Albuquerque, you would need $78,200 in Morgantown. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing22.5%
Albuquerque
89.2
Morgantown
69.1
🛒 Groceries≈ Equal
Albuquerque
96.1
Morgantown
96.3
🚗 Transportation+1.3%
Albuquerque
103.5
Morgantown
104.8
🏥 Healthcare+1.3%
Albuquerque
93.6
Morgantown
94.8
Utilities+18.7%
Albuquerque
77.9
Morgantown
92.5

Salary Equivalency Calculator

Enter your current salary in Albuquerque to see what you'd need to earn in Morgantown to maintain the same purchasing power.

$
Equivalent salary in Morgantown, WV
$78,200
$1,800 less needed in Morgantown

Formula: salary × (93.3 ÷ 95.5) = salary × 0.9770. Based on BEA Regional Price Parities.

Housing Market

Albuquerque, NM

Median Home Price
$340,000
Median Monthly Rent
$1,525
Housing Index
89.2
Price-to-Rent Ratio
18.6×

Morgantown, WV

Median Home Price
$215,000
Median Monthly Rent
$1,450
Housing Index
69.1
Price-to-Rent Ratio
12.4×

Albuquerque has 22.5% lower housing costs compared to Morgantown.

Income & Job Market

Albuquerque, NM

Median Household Income
$67,600
Per Capita Income
$38,500
Unemployment Rate
4.5%
Population
564,559
Top Industries
GovernmentHealthcareEducationMilitaryTechnology

Morgantown, WV

Median Household Income
$59,000
Per Capita Income
$33,600
Unemployment Rate
4.3%
Population
31,073
Top Industries
EducationHealthcareEnergyTechnologyGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albuquerque, NM
3.7×income-to-rent ratio

73% of income left after rent (median)

Morgantown, WV
3.4×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.