Cost of living in Morrow research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Morrow is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Morrow is 89, with 100 being the average.
The cost of living index in Morrow is 0.9x lower than the national average.
Morrow ranks as the #54 cheapest in Georgia out of 154.
Morrow ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Morrow is $116,000.
The median income in Morrow is $70,075.
According to the most recent data on the cost of living, Morrow has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Georgia, Morrow has a cost of living index that's 1.0x lower than Georgia's index of 89.
The standard of living in Morrow ranks as #54 most affordable out of the 154 places we measured in Georgia. By definition, that implies Morrow ranks as the #100 most expensive place in the Peach State.
For more reading on life in Morrow, check out:
Six factors go into calculating the cost of living index in Morrow. Here is how it fairs on each of the criteria:
The Services index in Morrow is 102.
The Groceries index in Morrow is 105.
The Health index in Morrow is 100.
The Housing index in Morrow is 61.
The Transportation index in Morrow is 103.
The Utilities index in Morrow is 85.
Living Expense | Morrow | Georgia | National Average | |
---|---|---|---|---|
Overall | 89 | 89 | 100 | |
Services | 102 | 95 | 100 | |
Groceries | 105 | 96 | 100 | |
Health | 100 | 98 | 100 | |
Housing | 61 | 76 | 100 | |
Transportation | 103 | 90 | 100 | |
Utilities | 85 | 86 | 100 |
Housing swings affordability the most between places in Georgia, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Morrow is $116,000.
The Median Rent in Morrow is $1,218.
The Median Income in Morrow is $70,075.
The Home Value To Income in Morrow is 1.7x.
The Rent To Monthly Income in Morrow is 0.21x.
Statistic | Morrow | Georgia | United States |
---|---|---|---|
Median Home Value | $116,000 | $206,700 | $244,900 |
Median Rent | $1,218 | $1,110 | $1,163 |
Median Income | $70,075 | $65,030 | $69,021 |
Home Value To Income | 1.7x | 3.2x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Morrow. Here's a quick look at the cost of living in the most populous nearby places:
Redan, GA has a cost of living index of 92, 1.0x Morrow.
Stockbridge, GA has a cost of living index of 95, 1.1x Morrow.
Decatur, GA has a cost of living index of 124, 1.4x Morrow.
City | Population | Cost Of Living | Vs. Morrow |
---|---|---|---|
Redan, GA | 32,712 | 92 | 1.0x |
Stockbridge, GA | 28,567 | 95 | 1.1x |
Decatur, GA | 24,334 | 124 | 1.4x |
Candler-McAfee, GA | 22,880 | 88 | 1.0x |
Forest Park, GA | 19,856 | 85 | 1.0x |
Fayetteville, GA | 18,633 | 103 | 1.2x |
North Druid Hills, GA | 18,143 | 117 | 1.3x |
North Decatur, GA | 16,369 | 109 | 1.2x |
Riverdale, GA | 15,013 | 88 | 1.0x |
Belvedere Park, GA | 14,497 | 91 | 1.0x |