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Morgan, GA vs Oakwood, GA

64
Morgan
Georgia
VS
-31.1%
93
Oakwood
Georgia

The cost of living difference between Morgan, GA and Oakwood, GA is dramatic. Morgan is 31.1% cheaper than Oakwood, a gap that translates to thousands of dollars per year in household expenses. Morgan has a cost index of 64 while Oakwood sits at 93, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Morgan is $775/month compared to $1,269/month in Oakwood — a 39% difference. Home values follow the same pattern: Morgan is more affordable at $90,400 median vs $255,400.

Median household income in Morgan is $63,750 compared to $61,191 in Oakwood (+4.2%). Morgan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Morgan spend roughly 14.6% of their income on rent, less than the 24.9% in Oakwood.

Income & Cost

Cost of Living Index
Morgan
64
31% cheaper
Oakwood
93
Median Household Income
Morgan
$63,750
4% higher
Oakwood
$61,191

Housing

Median Rent
Morgan
$775
39% cheaper
Oakwood
$1,269
Median Home Value
Morgan
$90,400
65% cheaper
Oakwood
$255,400
Population
Morgan
1,878
Oakwood
5,499

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Morgan
Oakwood $2.95
US $3.07
🥚
Eggs (grade A, large)
Morgan
Oakwood $2.41
US $2.50
🥛
Milk (whole)
Morgan
Oakwood $3.88
US $4.03
🍞
Bread (white)
Morgan
Oakwood $1.78
US $1.85
🍗
Chicken breast
Morgan
Oakwood $3.99
US $4.14
Electricity
Morgan
Oakwood $0.17
US $0.19