CostIndexUSA

Morgantown, WV vs Saginaw, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WV
Morgantown
93.3
overall index
$1,450/mo rent
More AffordableMI
Saginaw
90.9
overall index
$1,000/mo rent

Saginaw is slightly cheaper than Morgantown — 2.6% lower overall cost of living.

To match an $80,000 salary in Morgantown, you would need $77,900 in Saginaw. Calculate your salary ↓

Category Breakdown

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

🏠 Housing8.0%
Morgantown
69.1
Saginaw
63.6
🛒 Groceries2.7%
Morgantown
96.3
Saginaw
93.7
🚗 Transportation≈ Equal
Morgantown
104.8
Saginaw
104.5
🏥 Healthcare≈ Equal
Morgantown
94.8
Saginaw
94.6
Utilities+3.6%
Morgantown
92.5
Saginaw
95.8

Salary Equivalency Calculator

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

$
Equivalent salary in Saginaw, MI
$77,900
$2,100 less needed in Saginaw

Formula: salary × (90.9 ÷ 93.3) = salary × 0.9743. 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×

Saginaw, MI

Median Home Price
$160,000
Median Monthly Rent
$1,000
Housing Index
63.6
Price-to-Rent Ratio
13.3×

Morgantown has 8.0% lower housing costs compared to Saginaw.

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

Saginaw, MI

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
6.2%
Population
44,909
Top Industries
HealthcareManufacturingGovernmentRetailEducation

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)

Saginaw, MI
4.9×income-to-rent ratio

80% 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.