Houma, LA vs Morgan City, LA

Morgan City is moderately more affordable than Houma, with a 12.6% lower cost of living index. Houma scores 79 compared to 70 for Morgan City, where the US average is 100. This difference means residents of Houma can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Houma is $1,011/month compared to $861/month in Morgan City — a 17% difference. Home values follow the same pattern: Morgan City is more affordable at $146,100 median vs $207,900.

Median household income in Houma is $54,637 compared to $56,729 in Morgan City (-3.7%). Morgan City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Houma spend roughly 22.2% of their income on rent, more than the 18.2% in Morgan City.