Cost of Living in Morgan County, MO

What does it cost to live in Morgan County? Income, housing, and affordability breakdown.

Median Income

$48,841

Median Rent

$687/mo

Median Home

$174,500

Affordability

394

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$882
Property Tax$93
Insurance$58

Total Monthly$1,033
% of Income25.4%

Renting

Median Rent$687
Renter's Insurance$25

Total Monthly$712
% of Income16.9%

Living in Morgan County, Missouri

Morgan County has a median household income of $48,841 with housing costs that represent 25.4% of income for owners and 16.9% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 394 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Missouri

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.