CostIndexUSA

Morgantown, WV vs Yonkers, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent
NY
Yonkers
112.6
overall index
$3,225/mo rent

Morgantown is significantly cheaper than Yonkers — 20.7% lower overall cost of living.

To match an $80,000 salary in Morgantown, you would need $96,600 in Yonkers. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+115.1%
Morgantown
69.1
Yonkers
148.6
🛒 Groceries+14.5%
Morgantown
96.3
Yonkers
110.3
🚗 Transportation+6.0%
Morgantown
104.8
Yonkers
111.1
🏥 Healthcare+6.0%
Morgantown
94.8
Yonkers
100.5
Utilities+37.3%
Morgantown
92.5
Yonkers
127

Salary Equivalency Calculator

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

$
Equivalent salary in Yonkers, NY
$96,600
$16,600 more needed in Yonkers

Formula: salary × (112.6 ÷ 93.3) = salary × 1.2069. 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×

Yonkers, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Yonkers has 115.1% 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

Yonkers, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
211,569
Top Industries
HealthcareFinanceRetailManufacturingEducation

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)

Yonkers, NY
2.5×income-to-rent ratio

59% 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.