CostIndexUSA

Morgantown, WV vs Odessa, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent
TX
Odessa
93.9
overall index
$1,550/mo rent

Morgantown is slightly cheaper than Odessa — 0.6% lower overall cost of living.

To match an $80,000 salary in Morgantown, you would need $80,500 in Odessa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+29.8%
Morgantown
69.1
Odessa
89.7
🛒 Groceries2.6%
Morgantown
96.3
Odessa
93.8
🚗 Transportation3.5%
Morgantown
104.8
Odessa
101.1
🏥 Healthcare3.6%
Morgantown
94.8
Odessa
91.4
Utilities10.4%
Morgantown
92.5
Odessa
82.9

Salary Equivalency Calculator

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

$
Equivalent salary in Odessa, TX
$80,500
$500 more needed in Odessa

Formula: salary × (93.9 ÷ 93.3) = salary × 1.0064. Based on BEA Regional Price Parities.

Housing Market

Morgantown, WV

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

Odessa, TX

Median Home Price
$246,000
Median Monthly Rent
$1,550
Housing Index
89.7
Price-to-Rent Ratio
13.2×

Odessa has 29.8% higher housing costs compared to Morgantown.

Income & Job Market

Morgantown, WV

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

Odessa, TX

Median Household Income
$66,600
Per Capita Income
$38,000
Unemployment Rate
1.9%
Population
122,555
Top Industries
EnergyOil & GasHealthcareManufacturingRetail

Affordability at a Glance

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

Morgantown, WV
3.4×income-to-rent ratio

71% of income left after rent (median)

Odessa, TX
3.6×income-to-rent ratio

72% 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.