CostIndexUSA

Gainesville, FL vs Morgantown, WV Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Gainesville
96.7
overall index
$1,650/mo rent
More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent

Morgantown is slightly cheaper than Gainesville — 3.5% lower overall cost of living.

To match an $80,000 salary in Gainesville, you would need $77,200 in Morgantown. Calculate your salary ↓

Category Breakdown

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

🏠 Housing25.7%
Gainesville
93
Morgantown
69.1
🛒 Groceries≈ Equal
Gainesville
96.2
Morgantown
96.3
🚗 Transportation+1.0%
Gainesville
103.8
Morgantown
104.8
🏥 Healthcare+1.0%
Gainesville
93.9
Morgantown
94.8
Utilities+4.9%
Gainesville
88.2
Morgantown
92.5

Salary Equivalency Calculator

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

$
Equivalent salary in Morgantown, WV
$77,200
$2,800 less needed in Morgantown

Formula: salary × (93.3 ÷ 96.7) = salary × 0.9648. Based on BEA Regional Price Parities.

Housing Market

Gainesville, FL

Median Home Price
$294,000
Median Monthly Rent
$1,650
Housing Index
93
Price-to-Rent Ratio
14.8×

Morgantown, WV

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

Gainesville has 25.7% lower housing costs compared to Morgantown.

Income & Job Market

Gainesville, FL

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
4%
Population
140,003
Top Industries
EducationHealthcareTechnologyGovernmentResearch

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).

Gainesville, FL
3.0×income-to-rent ratio

67% 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.