Cost of Living in Morgan Farm, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.0
100 = national avg
+6.0 vs national average
Living Wage (1 Adult)
$46,648
per year
Living Wage (Family of 4)
$110,259
per year
Cost Index by Category
Housing72.3
Transportation194.1
Utilities91.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,117
per month
2 Bedroom
$1,366
per month
The overall cost of living index in Morgan Farm is 106.0, which is 6.0% above the national average. Housing costs are below the national average at an index of 72.3. A single adult needs to earn approximately $46,648 per year to cover basic expenses.