Housing costs in Morgan City?
A typical home costs
$96,900, which is 71.3% less expensive than the national average of
$338,100 and 37.6% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Morgan City costs
$680 per month, which is 23.6% cheaper than the national average of
$890 and 13.2% cheaper than the state average of
$770.
Can I afford Morgan City?
To live comfortably in Morgan City (zip 38946), Mississippi, a minimum annual income of
$18,720 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Morgan City?
The cost of living in Morgan City, MS is relatively low compared to the national average. According to data from Sperling's Best Places, the cost of basic groceries such as milk and eggs are about 5% lower than the national average, while the price of housing is an impressive 25% lower than the national median. This makes Morgan City a great destination for those looking to save money without sacrificing quality of life. Additionally, utilities such as electricity and gas are typically slightly cheaper in 38946 Morgan City than other parts of Mississippi, making it even easier to save money on everyday expenses.