Housing costs in Morris?
A typical home costs
$176,000, which is 47.9% less expensive than the national average of
$338,100 and 43.1% 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 (zip 56267), Minnesota, a minimum annual income of
$33,840 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in 56267 Morris, MN is relatively affordable. Despite being a small town with a population of just over 5,000 people, the median home value is around $103,000 which is lower than the national median. Additionally, groceries and health care costs tend to be below average for the state. Gas prices are usually on par with national averages as well. All of these factors contribute to an overall lower cost of living when compared to other places in Minnesota and across the United States.