Housing costs in Morris?
A typical home costs
$173,200, which is 48.8% less expensive than the national average of
$338,100 and 44.0% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Morris costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$1,240.
Can I afford Morris?
To live comfortably in Morris, Minnesota, a minimum annual income of
$33,120 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in Morris, MN is relatively affordable compared to many other cities in the United States. According to Sperling's Best Places, the cost of living index there is only 78.8, which is considerably lower than the national average of 100. Additionally, housing prices are relatively low with a median home price of $142,500 and average rental prices at around $800 per month for a one-bedroom apartment. However, due to its rural nature, there are limited job opportunities so residents may find it more difficult to pay their bills each month.