Housing costs in Morristown?
A typical home costs
$231,400, which is 31.6% less expensive than the national average of
$338,100 and 16.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Morristown costs
$890 per month, which is 16.8% cheaper than the national average of
$1,070 and 7.9% more than the state average of
$820.
Can I afford Morristown?
To live comfortably in Morristown (zip 37814), Tennessee, a minimum annual income of
$44,280 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Morristown?
Morristown, TN is a great place to live with a low cost of living. The city has an average housing cost that is around 14% lower than the national average, and this can make it an attractive option for people who are looking to save money on their day-to-day expenses. Additionally, groceries in Morristown are about 8% lower than the national average, which can help people stretch their budgets further. Transportation costs are also quite low in the area, with an average cost that is around 10% below the national average. Overall, Morristown offers its residents a comfortable lifestyle at an affordable price point.