Cost of Living in Morgan, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.3
100 = national avg
-19.7 vs national average
Living Wage (1 Adult)
$35,347
per year
Living Wage (Family of 4)
$83,547
per year
Cost Index by Category
Housing68.2
Food91.1
Transportation82.3
Healthcare92.9
Utilities88.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Morgan is 80.3, which is 19.7% below the national average. Housing costs are below the national average at an index of 68.2. A single adult needs to earn approximately $35,347 per year to cover basic expenses.