Housing costs in Morrison?
A typical home costs
$118,200, which is 65.0% less expensive than the national average of
$338,100 and 44.3% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Morrison costs
$1,150 per month, which is 19.6% cheaper than the national average of
$1,430 and 17.4% more than the state average of
$950.
Can I afford Morrison?
To live comfortably in Morrison (zip 65061), Missouri, a minimum annual income of
$22,680 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Morrison?
Living in 65061 Morrison, MO has a relatively low cost of living compared to the national average. According to the Council for Community and Economic Research, goods and services in the area are about 13.6% lower than the national average. The median home price is around $82,000, which is much lower than many other parts of the country. Groceries and utilities are also quite affordable, with rates around 7% below the national average. Additionally, transportation costs in 65061 Morrison are also quite reasonable in comparison to other cities. All together, these factors make living in this area very attractive for those who want an affordable lifestyle while still having access to all of life's necessities.