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 101, with 100 being the average.
The cost of living index in Morris is 1.0x higher than the national average.
Morris ranks as the #51 cheapest in Minnesota out of 148.
Morris ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Morris is $209,519.
The median income in Morris is $63,807.
According to the most recent data on the cost of living, Morris has an overall cost of living index of 101, which is 1.0x higher 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 97.
The standard of living in Morris ranks as #51 most affordable out of the 148 places we measured in Minnesota. By definition, that implies Morris ranks as the #97 most expensive place in the North Star State.
For more reading on life in Morris, check out:
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 99.
The Health index in Morris is 125.
The Housing index in Morris is 85.
The Transportation index in Morris is 97.
The Utilities index in Morris is 94.
| Living Expense | Morris | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 101 | 97 | 100 | |
| Services | 111 | 101 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 125 | 110 | 100 | |
| Housing | 85 | 100 | 100 | |
| Transportation | 97 | 95 | 100 | |
| Utilities | 94 | 94 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Morris is $209,519.
The Median Rent in Morris is $841.
The Median Income in Morris is $63,807.
The Home Value To Income in Morris is 3.3x.
The Rent To Monthly Income in Morris is 0.16x.
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 101, 1.0x Morris.
Fergus Falls, MN has a cost of living index of 97, 1.0x Morris.
Montevideo, MN has a cost of living index of 91, 0.9x Morris.
| City | Population | Cost Of Living | Vs. Morris |
|---|---|---|---|
| Alexandria, MN | 14,579 | 101 | 1.0x |
| Fergus Falls, MN | 14,138 | 97 | 1.0x |
| Montevideo, MN | 5,303 | 91 | 0.9x |