Cost of Living in Morgan, UT

Population 4,268 · Utah · Data vintage 2023

129
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Morgan is a smaller Utah community of around 4000 residents, where median household incomes of $114,102 and housing costs ($463,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Geographically, Morgan sits roughly 20 miles northeast of Salt Lake City. Housing prices track closely with Salt Lake City's $496,000 median.

Cost Overview

Housing 152
Rent 96

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Morgan

The median home value in Morgan is $463,100 — 52% above the national median of $305,000. Median rent runs $1,258/month, 4% lower than the national median of $1,314/month. The median household income of $114,102/year is 53% higher than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. Utah's top state income tax rate is 4.5% and the combined sales tax is 5.9%. The climate averages highs of 63.2°F and lows of 29.9°F, with about 70.1" of annual snowfall. Overall, Morgan has a cost of living index of 129 versus the US average of 100, meaning it is 29% more expensive.

🏠 Housing

Median Home Value
$463,100
52% above avg
Zillow Home Value
$728,883
Zillow ZHVI
Median Rent
$1,258/mo
4% below avg
Price-to-Rent Ratio
30.7x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$737
1 BR
$870
2 BR
$1,036
3 BR
$1,418
4 BR
$1,699
Owner-occupied 82.6%
Renter-occupied 17.4%

💰 Estimated Monthly Budget

Rent median rent
$1,258
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,872/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.0 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.3%

Commute Mode

Drove alone
69.7%
Carpooled
10.5%
Walked
2.8%
Work from home
14.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 5.9%
State rate 4.8%
Avg local rate 1.1%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$114,102
53% above avg
Per Capita Income
$37,244
Unemployment Rate
2.5%
49% below avg
Poverty Rate
2.3%
Labor Force Participation
68.6%

🎓 Education

Bachelor's degree+ 19.3%
Graduate degree 13.7%

👥 Demographics

Median Age 29.4
Male median age 29.5
Female median age 29.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.2°F
Avg Low
29.9°F
Annual Precip
16.4"
Annual Snowfall
70.1"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394355627081898879665038
Low °F 131724293542484738292114
Precip" 1.491.171.511.681.851.180.940.791.311.431.431.62
Snow" 14.012.99.85.20.70.10.00.00.51.99.115.9

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
21.4:1
Student-teacher ratio
7
Public schools
3,216
Total enrollment

Frequently Asked Questions

What is the cost of living in Morgan, UT?

Morgan has a cost index of 129 (100 = national average). It is 29% above the national average.

What is average rent in Morgan, UT?

The median gross rent in Morgan is $1,258 per month based on 2023 Census data.

What is the average home price in Morgan?

The median home value in Morgan is $463,100 according to Zillow and Census data.

What is the median income in Morgan?

The median household income in Morgan is $114,102 per year (2023 ACS 5-year estimates).

What is the sales tax in Morgan, UT?

The combined state and local sales tax rate in Morgan is 5.9%. The Utah state income tax top rate is 4.5%.

Is Morgan, UT affordable?

Morgan is above average in cost of living, with an index of 129 — about 29% higher than the national average.

What is the weather like in Morgan?

Morgan has average high temperatures of 63.2°F and average lows of 29.9°F. Annual precipitation is 16.4". Average annual snowfall is 70.1". Data from NOAA 1991–2020 Climate Normals.

Morgan at a Glance

Population
4,268
Median Income
$114,102
Home Value
$463,100
Median Rent
$1,258/mo
Unemployment
2.5%
Avg High Temp
63.2°F
Sales Tax
5.9%
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