Housing costs in Morristown?
A typical home costs
$215,900, which is 36.1% less expensive than the national average of
$338,100 and 22.2% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Morristown costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 25.9% cheaper than the state average of
$1,070.
Can I afford Morristown?
To live comfortably in Morristown, Tennessee, a minimum annual income of
$41,400 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Morristown?
Morristown, TN is a great place to live, with a relatively low cost of living compared to other cities in the US. According to BestPlaces, the median home value in Morristown is around $126,000 and the median rent is around $737 per month. Goods and services such as food and transportation costs are also below average. Grocery prices in particular are fairly low at 9% lower than the national average. All told, Morristown offers affordable housing, goods, and services when compared to other cities in the US.