Living Cost Compare
Anchorage

Alaska

$1,330/mo est.

vs
Morgantown

West Virginia

$950/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,330 in Anchorage, AK versus $950 in Morgantown, WV. Overall, Morgantown, WV is roughly 29% cheaper to live in day-to-day than Anchorage, AK, driven mainly by rent.

Median household income is $98,152 in Anchorage, AK and $42,245 in Morgantown, WV — about 57% higher in Anchorage, AK. Alaska has no state income tax and no state sales tax; West Virginia has a top state income tax rate of 4.82% and a 6% state sales tax.

Rent

Studio
$1,001
$836
+16% in Anchorage, AK
1 Bedroom
$1,052
$770
+27% in Anchorage, AK
2 Bedroom
$1,433
$969
+32% in Anchorage, AK
3 Bedroom
$1,952
$1,038
+47% in Anchorage, AK

Buying a Home

Median Home Value
$375,900
$238,200
+37% in Anchorage, AK

Income

Median Household Income
$98,152
$42,245
+57% in Anchorage, AK
Metro Median Wage (annual)
$60,200
$47,350
+21% in Anchorage, AK

People & Lifestyle

Median Age
34.9 yr
24.0 yr
+10.9 yr in Anchorage, AK
Homeownership
63.7%
44.3%
+19.4 pp in Anchorage, AK
Bachelor's+ (25+)
37.7%
58.1%
+20.4 pp in Morgantown, WV
Avg Commute
19.0 min
17.3 min
+1.7 min in Anchorage, AK

Crime (per 100k/yr)

Violent Crime
1,016.5
216.3
+79% in Anchorage, AK
Property Crime
2,796.2
1,976.4
+29% in Anchorage, AK

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
37.4°F
53.0°F
+15.6°F in Morgantown, WV
Annual Precipitation
17.9 in
41.8 in
+23.9 in in Morgantown, WV

Gas

Regular Gasoline
$5.21/gal
$3.94/gal
+24% in Anchorage, AK

Area: West Coast (PADD 5) vs East Coast (PADD 1).

Utilities

Electricity (¢/kWh)
28.2
15.4
+45% in Anchorage, AK
Natural Gas ($/MCF)
$17.35
$24.68
+42% in Morgantown, WV

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.82
$4.00
+17% in Anchorage, AK
Bread (lb)
$2.04
$1.75
+14% in Anchorage, AK
Eggs (doz)
$2.19
$2.21
+1% in Morgantown, WV
Ground Beef (lb)
$7.36
$6.45
+12% in Anchorage, AK
Chicken (lb)
$2.01
$1.90
+6% in Anchorage, AK
Bananas (lb)
$0.70
$0.62
+12% in Anchorage, AK

Average prices — West vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (AK / WV)
None
6%
+6.0 pp in WV
Income Tax (top rate)
None
4.82%
+4.8 pp in WV

Anchorage vs Morgantown — FAQ

Is it cheaper to live in Anchorage or Morgantown?
Morgantown, WV is cheaper. Its monthly baseline of $950 (1BR rent + utilities) runs about 29% below Anchorage, AK's $1,330, mainly because of rent.
How much more do you need to earn to live in Anchorage than in Morgantown?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $42,000 a year in Anchorage versus $31,000 in Morgantown.
Which has lower taxes, Anchorage or Morgantown?
Anchorage is taxed under Alaska's rules (no state income tax and no state sales tax); Morgantown under West Virginia's (a top state income tax rate of 4.82% and a 6% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).