Morris, MN Cost Of Living
Cost Of Living In Morris, MN Summary
Cost of living in Morris 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 Morris is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, 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 Morris is 99, with 100 being the average.
The cost of living index in Morris is 1.0x lower than the national average.
Morris ranks as the #42 cheapest in Minnesota out of 147.
Morris ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Morris is $167,700.
The median income in Morris is $54,984.
Table Of Contents
Morris's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Morris, MN?
According to the most recent data on the cost of living, Morris has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Minnesota, Morris has a cost of living index that's 1.0x higher than Minnesota's index of 95.
The standard of living in Morris ranks as #42 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Morris ranks as the #105 most expensive place in the North Star State.
For more reading on life in Morris, check out:
- Living In Morris
- Morris Crime Report
- Search Homes For Sale In Morris, MN
In Minnesota
In America
Morris Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Morris. Here is how it fairs on each of the criteria:
The Services index in Morris is 111.
The Groceries index in Morris is 113.
The Health index in Morris is 119.
The Housing index in Morris is 78.
The Transportation index in Morris is 101.
The Utilities index in Morris is 101.
| Living Expense | Morris | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 99 | 95 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 113 | 98 | 100 | |
| Health | 119 | 111 | 100 | |
| Housing | 78 | 83 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 101 | 95 | 100 | |
Morris, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, 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 Morris is $167,700.
The Median Rent in Morris is $669.
The Median Income in Morris is $54,984.
The Home Value To Income in Morris is 3.0x.
The Rent To Monthly Income in Morris is 0.15x.
| Statistic | Morris | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $167,700 | $250,200 | $244,900 |
| Median Rent | $669 | $1,081 | $1,163 |
| Median Income | $54,984 | $77,706 | $69,021 |
| Home Value To Income | 3.0x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Morris, MN Costs By Category
Detailed Morris Services Costs Vs. Minnesota
Detailed Morris Groceries Costs Vs. Minnesota
Detailed Morris Health Costs Vs. Minnesota
Detailed Morris Transportation Costs Vs. Minnesota
Detailed Morris Utilities Costs Vs. Minnesota
Morris SnackAbility
/10
Cost Of Living In Cities Around Morris
The cost of living varies in the cities and towns around Morris. Here's a quick look at the cost of living in the most populous nearby places:
Alexandria, MN has a cost of living index of 100, 1.0x Morris.
Fergus Falls, MN has a cost of living index of 90, 0.9x Morris.
Montevideo, MN has a cost of living index of 92, 0.9x Morris.
| City | Population | Cost Of Living | Vs. Morris |
|---|---|---|---|
| Alexandria, MN | 14,030 | 100 | 1.0x |
| Fergus Falls, MN | 13,969 | 90 | 0.9x |
| Montevideo, MN | 5,360 | 92 | 0.9x |
