Morgan County, IN Cost of Living


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How much do I need to live in Morgan, Indiana?
$3,930 / month
for a family, 27.2% less expensive than the national average A total of $47,160 for the year for a family.
$3,000 / month
for a single person, 37.1% less expensive than the national average A total of $36,000 for the year for a single person.

Morgan cost of living score
91.1
Less expensive
8.9% lower
than the US average
8.8% higher
than the Indiana average
Morgan Indi County, Indiana gets a BestPlaces Cost of Living score of 91.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.9% lower than the U.S. average and 8.8% lower than the average for Indiana.

Morgan County, IN

Housing costs in Morgan?
A typical home costs $245,300, which is 27.4% less expensive than the national average of $338,100 and 10.7% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Morgan costs $1,070 per month, which is 25.2% cheaper than the national average of $1,430 and 8.4% more than the state average of $980.

Can I afford Morgan?
To live comfortably in Morgan Indi County, Indiana, a minimum annual income of $47,160 for a family, and $36,000 for a single person is recommended.

What does A.I. say about Morgan?
The cost of living in Morgan, IN County is 91.1, which is lower than the US average of 100. This means that goods and services are priced at a lower rate than the national average, making it an attractive option for those looking to save money on living expenses. Additionally, house median values in Morgan, IN County are $245,300, much lower than the national average of $338,100. These factors make Morgan, IN County a great place to settle down and live affordably.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMorganIndianaUnited States
    Unlock83.7100.0
  94.0  Unlock100.0
    Unlock94.4100.0
  77.8  Unlock100.0
    Unlock$221,600$338,100
  99.8  Unlock100.0
    Unlock85.4100.0
  84.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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