Fort Morgan Metro Area, CO Cost of Living


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United States / Colorado / Fort Morgan Metro Area / Counties / Cities / Zip Codes
How much do I need to live in Fort Morgan, Colorado?
$4,890 / month
for a family, 9.4% less expensive than the national average A total of $58,680 for the year for a family.
$2,733 / month
for a single person, 42.7% less expensive than the national average A total of $32,800 for the year for a single person.

Fort Morgan cost of living score
87.6
Less expensive
12.4% lower
than the US average
27.3% lower
than the Colorado average
Fort Morgan Color Metro Area, Colorado gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 27.3% lower than the average for Colorado.

Fort Morgan Metro Area, CO

Housing costs in Fort Morgan?
A typical home costs $307,000, which is 9.2% less expensive than the national average of $338,100 and 41.8% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in Fort Morgan costs $1,080 per month, which is 24.5% cheaper than the national average of $1,430 and 52.8% cheaper than the state average of $1,650.

Can I afford Fort Morgan?
To live comfortably in Fort Morgan Color Metro Area, Colorado, a minimum annual income of $58,680 for a family, and $32,800 for a single person is recommended.

What does A.I. say about Fort Morgan?
Living in Fort Morgan, CO Metro Area has many advantages. Not only is the median value of a home much lower than the US average, but the cost of living here is also significantly lower. According to my research, the cost of living in Fort Morgan, CO Metro Area is 87.6 compared to the US average of 100. This means that it's relatively cheaper to live here than in other parts of the United States. Additionally, with a house median value at $307000, you can get more bang for your buck than if you were buying in an area with a higher median house value.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFort MorganColoradoUnited States
    Unlock120.5100.0
  96.2  Unlock100.0
    Unlock83.8100.0
  84.8  Unlock100.0
    Unlock$527,200$338,100
  102.2  Unlock100.0
    Unlock106.7100.0
  106.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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