Housing costs in Morgan City?
A typical home costs
$112,100, which is 66.8% less expensive than the national average of
$338,100 and 39.3% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Morgan City costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 14.9% cheaper than the state average of
$1,000.
Can I afford Morgan City?
To live comfortably in Morgan City Louisi Metro Area, Louisiana, a minimum annual income of
$21,600 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Morgan City?
The cost of living in the Morgan City, LA Metro Area is 77.4, which is significantly lower than the U.S. average Cost of Living of 100. This lower cost of living can be related to the lower median value for homes in Morgan City, which stands at $112,100 compared to a national average house value of $338,100. With this lower cost of living and affordable housing prices, Morgan City provides an attractive option for those looking to stretch their budget further.