Housing costs in Morrison?
A typical home costs
$135,800, which is 59.8% less expensive than the national average of
$338,100 and 43.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Morrison costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 51.8% cheaper than the state average of
$1,260.
Can I afford Morrison?
To live comfortably in Morrison (zip 61270), Illinois, a minimum annual income of
$25,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Morrison?
The cost of living in Morrison, IL 61270 is quite affordable. The median home price is around $107,400 which is approximately 3% lower than the national average. The cost of groceries and other essentials are 2-3% below the national average as well. Gas prices are also quite reasonable compared to other areas in the United States. Property taxes are relatively low and there is no income tax, making it an attractive and economical option for those looking to settle down in the area.