Cost of Living in Fort Morgan, CO
Population 11,521 · Colorado · Data vintage 2023
(100 = US avg)
Fort Morgan is a smaller Colorado community of around 12000 residents, where median household incomes of $59,121 and housing costs ($260,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 6.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Fort Morgan is about 55 miles east of Greeley, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 30% lower than Greeley's $370,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Fort Morgan
The median home value in Fort Morgan is $259,900 — 15% below the national median of $305,000. Median rent runs $1,074/month, 18% lower than the national median of $1,314/month. The median household income of $59,121/year is 21% lower than the US median of $74,580. The local unemployment rate is 6.3%, above the national average of 4.8%. Colorado's top state income tax rate is 4.4% and the combined sales tax is 7.8%. Overall, Fort Morgan has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Fort Morgan, CO?
Fort Morgan has a cost index of 84 (100 = national average). It is 16% below the national average.
What is average rent in Fort Morgan, CO?
The median gross rent in Fort Morgan is $1,074 per month based on 2023 Census data.
What is the average home price in Fort Morgan?
The median home value in Fort Morgan is $259,900 according to Zillow and Census data.
What is the median income in Fort Morgan?
The median household income in Fort Morgan is $59,121 per year (2023 ACS 5-year estimates).
What is the sales tax in Fort Morgan, CO?
The combined state and local sales tax rate in Fort Morgan is 7.8%. The Colorado state income tax top rate is 4.4%.
Is Fort Morgan, CO affordable?
Yes, Fort Morgan is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.
Fort Morgan at a Glance
- Population
- 11,521
- Median Income
- $59,121
- Home Value
- $259,900
- Median Rent
- $1,074/mo
- Unemployment
- 6.3%
- Sales Tax
- 7.8%
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Colorado Rankings
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