City Comparison

Albany vs Morgantown

Cost of Living Comparison · 2026

Albany

New York
99
Average
$220,000
Median Home
$1,200/mo
Median Rent
$43,098
Median Income

Morgantown

West Virginia
90
Below Average
$259,000
Median Home
$950/mo
Median Rent
$44,700
Median Income

The Verdict

10.0%

The cost gap between these cities is 10.0%, with Morgantown being the more affordable option. A $75,000 income in Albany has equivalent purchasing power to $68,182 in Morgantown.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
93
Albany
81
Morgantown
Groceries
102
Albany
95
Morgantown
Utilities
107
Albany
91
Morgantown
Transportation
101
Albany
99
Morgantown
Healthcare
100
Albany
88
Morgantown

Salary Equivalence

A $75,000 salary in Albany has the same purchasing power as $68,182 in Morgantown.

Conversely, $75,000 in Morgantown equals $82,500 in Albany.

Living in Albany vs Morgantown

Housing Costs

Albany's housing index of 93 is higher Morgantown's 81, translating to median home prices of $220,000 vs $259,000. The $39,000 difference in home prices means roughly $2,532 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Albany compared to $950/mo in Morgantown, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 102 in Albany and 95 in Morgantown. A household spending the national average of $475/month on groceries would pay approximately $485/month in Albany vs $451/month in Morgantown. Morgantown offers a meaningful advantage on everyday food costs, saving roughly $408/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 107 in Albany and 91 in Morgantown. Monthly utility bills average approximately $428 in Albany vs $364 in Morgantown. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 100 in Albany and 88 in Morgantown. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 12-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $43,098 in Albany and $44,700 in Morgantown. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $43,533 and $49,667 respectively. Morgantown residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,006/month to housing in Albany vs $1,043/month in Morgantown. In Albany, median rent of $1,200/mo exceeds this threshold, suggesting renters may feel stretched. In Morgantown, median rent of $950/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 16 index points — focus your budget analysis there.

Frequently Asked Questions

Morgantown is 10.0% more affordable overall with an index of 90 vs 99.
A $75,000 salary in Albany has equivalent purchasing power to approximately $68,182 in Morgantown, based on the cost of living difference.
Albany's housing index is 93 with median homes at $220,000, while Morgantown's is 81 with median homes at $259,000.

Moving & Relocation Resources

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