CostIndexUSA

Austin, TX vs Morgantown, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Austin
98.1
overall index
$1,550/mo rent
More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent

Morgantown is slightly cheaper than Austin — 4.9% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $76,100 in Morgantown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing42.6%
Austin
120.4
Morgantown
69.1
🛒 Groceries+2.7%
Austin
93.8
Morgantown
96.3
🚗 Transportation+3.7%
Austin
101.1
Morgantown
104.8
🏥 Healthcare+3.7%
Austin
91.4
Morgantown
94.8
Utilities+12.8%
Austin
82
Morgantown
92.5

Salary Equivalency Calculator

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

$
Equivalent salary in Morgantown, WV
$76,100
$3,900 less needed in Morgantown

Formula: salary × (93.3 ÷ 98.1) = salary × 0.9511. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Morgantown, WV

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

Austin has 42.6% lower housing costs compared to Morgantown.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

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).

Austin, TX
5.3×income-to-rent ratio

81% 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.