CostIndexUSA

Morgantown, WV vs Wilmington, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWV
Morgantown
93.3
overall index
$1,450/mo rent
NC
Wilmington
96.4
overall index
$1,700/mo rent

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

To match an $80,000 salary in Morgantown, you would need $82,700 in Wilmington. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+34.9%
Morgantown
69.1
Wilmington
93.2
🛒 Groceries≈ Equal
Morgantown
96.3
Wilmington
96.6
🚗 Transportation1.6%
Morgantown
104.8
Wilmington
103.1
🏥 Healthcare1.6%
Morgantown
94.8
Wilmington
93.3
Utilities5.0%
Morgantown
92.5
Wilmington
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Wilmington, NC
$82,700
$2,700 more needed in Wilmington

Formula: salary × (96.4 ÷ 93.3) = salary × 1.0332. 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×

Wilmington, NC

Median Home Price
$432,000
Median Monthly Rent
$1,700
Housing Index
93.2
Price-to-Rent Ratio
21.2×

Wilmington has 34.9% 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

Wilmington, NC

Median Household Income
$76,900
Per Capita Income
$43,800
Unemployment Rate
4.3%
Population
115,451
Top Industries
HealthcareTourismTechnologyEducationMilitary

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)

Wilmington, NC
3.8×income-to-rent ratio

73% 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.