Cost of Living in Morgantown, IN

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13%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
36%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Morgantown Indiana National
Cost of living8789100
Groceries9797100
Health care9997100
Housing6472100
Transportation9596100
Utilities9696100
Lifestyle & Entertainment9995100
Household Items9798100
Education & Childcare9494100
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Homes For Sale In Morgantown, IN

property for sale

6410 N State Road 135

Morgantown, IN
property for sale

2921 W Cottonwood Rd

Morgantown, IN
property for sale

9278 E Cooper Rd

Morgantown, IN
property for sale

7783 W 700 S

Morgantown, IN

Cost Of Living Quick Facts

  • The cost of living in Morgantown is 2% lower than the Indiana average
  • The cost of living in Morgantown is 13% lower than the national average
  • Morgantown housing is 36% lower than the national average
  • Indiana general sales tax is 37% higher than the national average
  • Indiana state income tax is 21% higher than the national average

Most Affordable Places to Live in and Around Morgantown

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$56,592$4,716$1,320$1,698
      Renters$41,922$3,494$978$1,258

      Indiana Sales Tax

      State General Sales Tax With Max Surtax
      Indiana 7% 7%

      Indiana Income Tax

      State Income Tax (Low) Income Tax (High)
      Indiana 3.15% 3.15%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Brooklyn, IN2,7158613.5%
      Martinsville, IN12,2308812.3%
      New Whiteland, IN6,3308911.0%
      Bethany, IN61928.4%
      Trafalgar, IN1,276937.4%
      Morgantown, IN1,4018713.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Big Pine, CA1,40111817.9%
      East Griffin, GA1,4018415.6%
      Koontz Lake, IN1,4018415.6%
      Colwich, KS1,401955.1%
      Shokan, NY1,4011109.5%
      Morgantown, IN1,4018713.1%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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