Housing costs in Morrison?
A typical home costs
$110,300, which is 67.4% less expensive than the national average of
$338,100 and 43.4% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Morrison costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 13.4% cheaper than the state average of
$930.
Can I afford Morrison?
To live comfortably in Morrison, Iowa, a minimum annual income of
$21,240 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Morrison?
The cost of living in Morrison, IA is significantly lower than the national average. The median home price is around $100,000 which is extremely affordable compared to other areas in the country. Furthermore, basic goods are very affordable in Morrison with the average grocery bill costing about $50 per week and although utilities have risen slightly, they remain quite low. Overall, the cost of living in Morrison is quite attractive to people who want a comfortable lifestyle without spending too much money.