
Housing costs in Morristown?
A typical home costs
$60,700, which is 82.0% less expensive than the national average of
$338,100 and 77.4% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Morristown costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 23.0% cheaper than the state average of
$910.
Can I afford Morristown?
To live comfortably in Morristown (zip 57645), South Dakota, a minimum annual income of
$11,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Morristown?
The cost of living in Morristown, SD 57645 is relatively low. The median home price in the area is estimated to be around $94,500, and there are a variety of housing options for those on a budget. Utilities and transportation costs are also quite affordable with an average cost of around $99 a month for electricity and an average monthly gas bill of around $73. Groceries, restaurants, and other necessities can also be found for reasonable prices making it possible to live comfortably while still staying within a family's budget.