The cost of living in Morgan City, LA, is notably lower than the nationwide average. Housing costs 15% less, groceries are 8% less, and utilities are 3% less. This makes Morgan City an attractive option for those seeking a more affordable lifestyle.
Healthcare and miscellaneous expenses are also slightly below average, at 6% and 10% less, respectively. Transportation costs are nearly on par with the national average, with only a 2% difference. Overall, Morgan City offers a cost-effective living environment for many essential expenses.
The cost of living in Morgan City, Louisiana, presents a favorable outlook for job seekers when compared to the nationwide average. The housing index in Morgan City is 85, which is 15% lower than the national average of 100. This suggests that housing costs in Morgan City are more affordable, making it easier for individuals to find suitable living arrangements without straining their budgets.
Additionally, the grocery index in Morgan City stands at 92, which is 2% lower than the national average. This indicates that residents can expect to spend slightly less on groceries compared to the average American. Utilities in Morgan City are priced at 97, which is 3% below the national average. This small difference can add up to noticeable savings over time. Transportation costs in Morgan City are at 98, just 2% above the national average, making commuting and daily travel expenses comparable to the national norm. Healthcare costs in Morgan City are at 94, which is 6% below the average, offering potential savings for those with healthcare needs. Lastly, the miscellaneous index is 90, which is 10% lower than the national average, providing additional savings in various other areas. Overall, Morgan City offers a cost of living that is competitive and often more favorable than the national average.