According to the most recent data on the cost of living, Fort Morgan has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.
Compared to only Colorado, Fort Morgan has a cost of living index that's 0.8x lower than Colorado's index of 112.
The standard of living in Fort Morgan ranks as #1,101 most affordable out of the 6,418 places we measured in Colorado. By definition, that implies Fort Morgan ranks as the #5,317 most expensive place in the Centennial State.
Living Expense | Fort Morgan | Colorado | National Average | |
---|---|---|---|---|
Overall | 87 | 112 | 100 | |
Services | 105 | 104 | 100 | |
Groceries | 91 | 103 | 100 | |
Health | 100 | 103 | 100 | |
Housing | 70 | 133 | 100 | |
Transportation | 107 | 108 | 100 | |
Utilities | 77 | 87 | 100 |
Housing swings affordability the most between places in Colorado, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Fort Morgan | Colorado | United States |
---|---|---|---|
Median Home Value | $184,300 | $369,900 | $229,800 |
Median Rent | $870 | $1,335 | $1,096 |
Median Income | $48,642 | $75,231 | $64,994 |
Home Value To Income | 3.8x | 4.9x | 3.5x |
Rent To Monthly Income | 0.21x | 0.21x | 0.2x |
Item | Fort Morgan | Colorado |
---|---|---|
Shampoo | $0.88 | $1.06 |
Movie | $13.19 | $10.68 |
Bowling | $20.67 | $14.67 |
Item | Fort Morgan | Colorado |
---|---|---|
Ground Beef | $4.62 | $4.22 |
Fried Chicken | $1.15 | $1.39 |
Milk | $1.78 | $2.05 |
Item | Fort Morgan | Colorado |
---|---|---|
Haircut | $24.05 | $18.62 |
Beauty Salon | $35.0 | $39.05 |
Toothpaste | $2.11 | $2.34 |
Item | Fort Morgan | Colorado |
---|---|---|
Potatoes | $3.04 | $3.29 |
Pizza | $11.32 | $10.62 |
Beer | $8.96 | $9.38 |
Optometrist | $99.83 | $108.57 |
Doctor | $117.67 | $116.17 |
Dentist | $92.83 | $99.13 |
Item | Fort Morgan | Colorado |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $59.83 | $50.07 |
All Electricity | $103.99 | $167.67 |
Phone | $187.21 | $175.64 |
City | Population | Cost Of Living | Vs. Fort Morgan |
---|---|---|---|
Sterling, CO | 14,421 | 89 | 1.0x |
Brush, CO | 5,408 | 92 | 1.1x |