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Mitchell, IN vs Morgantown, IN

64
Mitchell
Indiana
VS
-9.6%
70
Morgantown
Indiana

Mitchell is moderately more affordable than Morgantown, with a 9.6% lower cost of living index. Mitchell scores 64 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 Mitchell is $751/month compared to $882/month in Morgantown — a 15% difference. Home values follow the same pattern: Mitchell is more affordable at $101,900 median vs $129,500.

Median household income in Mitchell is $45,580 compared to $50,809 in Morgantown (-10.3%). While Morgantown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mitchell spend roughly 19.8% of their income on rent, less than the 20.8% in Morgantown.

Income & Cost

Cost of Living Index
Mitchell
64
10% cheaper
Morgantown
70
Median Household Income
Mitchell
$45,580
Morgantown
$50,809
10% higher

Housing

Median Rent
Mitchell
$751
15% cheaper
Morgantown
$882
Median Home Value
Mitchell
$101,900
21% cheaper
Morgantown
$129,500
Population
Mitchell
3,941
Morgantown
1,328

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mitchell
Morgantown $2.91
US $3.07
🥚
Eggs (grade A, large)
Mitchell
Morgantown $2.37
US $2.50
🥛
Milk (whole)
Mitchell
Morgantown $3.82
US $4.03
🍞
Bread (white)
Mitchell
Morgantown $1.75
US $1.85
🍗
Chicken breast
Mitchell
Morgantown $3.93
US $4.14
Electricity
Mitchell
Morgantown $0.16
US $0.19