Cost of Living in Morgan City, MS

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

Cost of Living Overview

Overall Index

65.5

100 = national avg

-34.5 vs national average

Living Wage (1 Adult)

$28,819

per year

Living Wage (Family of 4)

$68,118

per year

Cost Index by Category

Housing
80.6
Food
64.4
Transportation
58.0
Healthcare
71.5
Utilities
74.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$642

per month

2 Bedroom

$842

per month

The overall cost of living index in Morgan City is 65.5, which is 34.5% below the national average. Housing costs are below the national average at an index of 80.6. A single adult needs to earn approximately $28,819 per year to cover basic expenses.