Knox, IN vs Morgantown, IN

Knox is moderately more affordable than Morgantown, with a 12.8% lower cost of living index. Knox scores 61 compared to 70 for Morgantown, where the US average is 100. This difference means residents of Morgantown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Knox is $613/month compared to $882/month in Morgantown — a 31% difference. Home values follow the same pattern: Knox is more affordable at $125,300 median vs $129,500.

Median household income in Knox is $45,647 compared to $50,809 in Morgantown (-10.2%). The higher salaries in Morgantown partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Knox spend roughly 16.1% of their income on rent, less than the 20.8% in Morgantown.