Memphis, TN vs Morristown, TN
Cost of Living Comparison
Morristown, TN is more affordable by 5.8 index points
Side-by-Side Comparison
| Category | Memphis, TN | Morristown, TN | Difference |
|---|---|---|---|
| Overall | 92.2 | 86.4 | +5.8 |
| Housing | 79.8 | 59.0 | +20.8 |
| Goods | 96.2 | 96.2 | -0.0 |
| Utilities | 74.1 | 72.4 | +1.7 |
| Other Services | 95.4 | 95.1 | +0.2 |
Income & Housing Comparison
| Metric | Memphis, TN | Morristown, TN |
|---|---|---|
| Median Household Income | $62,178 | $52,913 |
| Median Home Value | $207,500 | $170,100 |
| Median Monthly Rent | $1,091 | $803 |
| Per Capita Income | $35,194 | $29,207 |
Frequently Asked Questions
Is Memphis, TN or Morristown, TN cheaper to live in?
Morristown, TN is more affordable. The cost of living difference is 5.8 index points (Memphis, TN: 92.2, Morristown, TN: 86.4).
Where is housing cheaper, Memphis, TN or Morristown, TN?
Housing is more affordable in Morristown, TN. Housing index: Memphis, TN (79.8) vs Morristown, TN (59.0).