Cost of Living in Morgan County, Utah

$1,493/mo
Median Monthly Rent
$600,900
Median Home Value

At a Glance

Median Monthly Rent
$1,493/mo
36% above state average
Median Home Value
$600,900
113% above national
Rent-to-Income Ratio
19.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Morgan County Compares

Median monthly rent comparison

Morgan County$1,493/mo
Utah Average$1,101/mo
National Median$1,163/mo

Detailed Housing Stats

$1,493/mo
Median Gross Rent
$600,900
Median Home Value
$1,610/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Morgan County ranks #823 of 3,144 counties for affordability (top 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Morgan County, Utah

Morgan County housing costs among nation's highest

Morgan County's 14.2% rent-to-income ratio masks a deeper reality: at $1,493 per month, median rent is extraordinarily high, reflecting the county's affluent profile with a median household income of $126,092. This is a wealthy county where housing remains proportionally affordable only due to exceptional incomes.

Utah's priciest housing market

Morgan County ranks as Utah's most expensive housing market, with median rents ($1,493) and home values ($600,900) far exceeding all state peers. The 14.2% rent-to-income ratio looks affordable only because household incomes here are 70% above the state median.

Summit County's exclusive neighbor

Morgan County's $1,493 rent dwarfs all comparable counties in this sample—Grand County ($1,021) seems cheap by comparison. The median home value of $600,900 reflects Morgan's position as an ultra-premium mountain county attracting wealthy residents and second-home buyers.

Wealth enables premium housing costs

Renters allocate 14.2% of their $126,092 income to rent ($1,493/month), while homeowners dedicate 15.3% to mortgage costs ($1,610/month). Morgan County's affordability story is about income inequality—what looks manageable for locals would strain budgets anywhere else.

Morgan County: luxury living requires matching income

Relocating to Morgan County demands household incomes matching its $126,092 median—this is Utah's wealth hub, not an affordable option. If mountain living matters more than budget, compare it to more accessible neighbors; if budget matters, look to Garfield or Millard instead.

Cost of Living Advisory: Morgan County

Affordability Verdict

Morgan County is affordable for renters, with a median gross rent of $1,493/month representing approximately 14.2% of median household income. The rent burden (GRAPI) stands at 19.0%.

Rent vs. Own

Renters in Morgan County pay $1,493/month on average, compared to $1,610/month for homeowners. This market favors renters by about 7%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $59,720/year. For owner costs at the 28% rule, the required income is roughly $69,000/year. With a median household income of $126,092, most households can comfortably afford rent here. Notably, 19.0% of renter households in Morgan County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Morgan County sits 4% more expensive than Utah County ($1,441/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Morgan County

$

Rent Burden

14.2%

of gross income

Max Housing (28% Rule)

$2,942

per month

Owner Cost Burden

15.3%

of gross income

The median home in Morgan County may be a stretch

Median home value is $600,900. Estimated monthly cost: $4,797 vs. your max of $2,942.

Rent Affordability Guide

Your rent-to-income ratio14.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $126,092Needed: $59,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $126,092Needed: $69,000
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $126,092Needed: $139,846

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Morgan County, Utah?
Morgan County, Utah has a median monthly rent of $1,493/mo and a median home value of $600,900. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Morgan County?
The median gross rent in Morgan County is $1,493/mo. This is 36% above state average for Utah.
Is Morgan County affordable?
Morgan County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Morgan County's rent compare to the state average?
Morgan County's median rent of $1,493/mo is 36% above state average of $1,101/mo for Utah.
What is the median home value in Morgan County?
The median home value in Morgan County, Utah is $600,900. This is 113% above the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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