Housing costs in Morganton?
A typical home costs
$440,000, which is 30.1% more expensive than the national average of
$338,100 and 42.8% more expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Morganton costs
$660 per month, which is 53.8% cheaper than the national average of
$1,430 and 93.9% cheaper than the state average of
$1,280.
Can I afford Morganton?
To live comfortably in Morganton, Georgia, a minimum annual income of
$84,240 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Morganton?
Morganton, GA is an affordable place to live with a cost of living that is lower than the national average. The median home price in Morganton is $128,900, which is significantly lower than the national median home price of $234,900. Renting in Morganton is also more affordable than the national average. The estimated median monthly rental rate for a two-bedroom apartment in Morganton is just under $800, while the national rate for this type of rental stands at over $1,000 per month. Groceries and utilities are slightly more expensive in Morganton than the national average, but overall it remains an affordable community for residents to live in.