Housing costs in Morgan City?
A typical home costs
$135,400, which is 60.0% less expensive than the national average of
$338,100 and 26.7% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Morgan City costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 5.3% cheaper than the state average of
$1,000.
Can I afford Morgan City?
To live comfortably in Morgan City, Louisiana, a minimum annual income of
$25,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Morgan City?
Morgan City, LA is an affordable place to live. The cost of living in the city is 8% lower than the national average. Housing costs are especially low, with an average home price of around $110,000. Utilities and groceries are also relatively inexpensive compared to other cities. Transportation is very convenient in Morgan City, as most residents can easily walk or bike to where they need to go. With its low cost of living and convenient amenities, Morgan City is a great option for anyone looking for an affordable place to call home.