Cost of Living in Morgan City, LA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

90.7

100 = national avg

-9.3 vs national average

Living Wage (1 Adult)

$39,929

per year

Living Wage (Family of 4)

$94,377

per year

Cost Index by Category

Housing
80.7
Food
93.4
Transportation
112.0
Healthcare
94.7
Utilities
92.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$898

per month

2 Bedroom

$1,019

per month

The overall cost of living index in Morgan City is 90.7, which is 9.3% below the national average. Housing costs are below the national average at an index of 80.7. A single adult needs to earn approximately $39,929 per year to cover basic expenses.