CostIndexUSA

Bangor, ME vs Morgantown, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

ME
Bangor
96.5
overall index
$1,550/mo rent
More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent

Morgantown is slightly cheaper than Bangor — 3.3% lower overall cost of living.

To match an $80,000 salary in Bangor, you would need $77,300 in Morgantown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing11.1%
Bangor
77.7
Morgantown
69.1
🛒 Groceries0.9%
Bangor
97.2
Morgantown
96.3
🚗 Transportation3.3%
Bangor
108.4
Morgantown
104.8
🏥 Healthcare3.3%
Bangor
98
Morgantown
94.8
Utilities31.4%
Bangor
134.8
Morgantown
92.5

Salary Equivalency Calculator

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

$
Equivalent salary in Morgantown, WV
$77,300
$2,700 less needed in Morgantown

Formula: salary × (93.3 ÷ 96.5) = salary × 0.9668. Based on BEA Regional Price Parities.

Housing Market

Bangor, ME

Median Home Price
$265,000
Median Monthly Rent
$1,550
Housing Index
77.7
Price-to-Rent Ratio
14.2×

Morgantown, WV

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

Bangor has 11.1% lower housing costs compared to Morgantown.

Income & Job Market

Bangor, ME

Median Household Income
$66,300
Per Capita Income
$37,800
Unemployment Rate
2.5%
Population
31,753
Top Industries
HealthcareEducationRetailManufacturingGovernment

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).

Bangor, ME
3.6×income-to-rent ratio

72% 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.