Housing costs in Morristown?
A typical home costs
$109,100, which is 67.7% less expensive than the national average of
$338,100 and 44.6% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Morristown costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Morristown?
To live comfortably in Morristown, Ohio, a minimum annual income of
$20,880 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Morristown?
The cost of living in Morristown, OH is relatively low compared to many other areas in the United States. Basic necessities such as housing, food, and utilities are significantly less expensive than those in nearby cities. The median home price is just over $80,000 and the average monthly rent for a two-bedroom apartment is around $550. Grocery prices are low and affordable, and the cost of utilities such as electricity and water is very reasonable. All these factors make Morristown an inexpensive place to live that still offers many amenities one would expect from a larger city.