What is the cost of living in Morristown, TN?
According to the most recent data on the cost of living, Morristown has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Tennessee, Morristown has a cost of living index that's 1.0x lower than Tennessee's index of 94.
The standard of living in Morristown ranks as #35 most affordable out of the 109 places we measured in Tennessee. By definition, that implies Morristown ranks as the #74 most expensive place in the Volunteer State.
For more reading on life in Morristown, check out:
Morristown Cost Of Living Vs. Tennessee
Six factors go into calculating the cost of living index in Morristown. Here is how it fares on each of the criteria:
The Services index in Morristown is 99.
The Groceries index in Morristown is 97.
The Health index in Morristown is 67.
The Housing index in Morristown is 102.
The Transportation index in Morristown is 99.
The Utilities index in Morristown is 96.
| Living Expense | Morristown | Tennessee | National Average |
|---|---|---|---|
| Overall | 91 | 94 | 100 |
| Services | 99 | 99 | 100 |
| Groceries | 97 | 96 | 100 |
| Health | 67 | 82 | 100 |
| Housing | 102 | 95 | 100 |
| Transportation | 99 | 99 | 100 |
| Utilities | 96 | 98 | 100 |
Morristown Cost Of Living Compared To Tennessee Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Tennessee, check out:
Protect your home budget Compare home warranties in Morristown Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Morristown, TN Housing Cost Breakdown
Housing swings affordability the most between places in Tennessee, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Morristown is $266,072.
The Median Rent in Morristown is $882.
The Median Income in Morristown is $47,917.
The Home Value To Income in Morristown is 5.6x.
The Rent To Monthly Income in Morristown is 0.22x.
| Statistic | Morristown | Tennessee | United States |
|---|---|---|---|
| Median Home Value | $266,072 | $333,650 | $332,700 |
| Median Rent | $882 | $1,189 | $1,413 |
| Median Income | $47,917 | $69,595 | $80,734 |
| Home Value To Income | 5.6x | 4.8x | 4.1x |
| Rent To Monthly Income | 0.22x | 0.21x | 0.21x |
Morristown, TN Costs By Category
Detailed Morristown Services costs vs. Tennessee
| Item | Morristown | Tennessee |
|---|---|---|
| Shampoo | $1.19 | $1.28 |
| Movie | $14.09 | $12.13 |
| Bowling | $19.33 | $18 |
| Haircut | $23.91 | $24.26 |
| Beauty Salon | $45.13 | $45.56 |
Detailed Morristown Groceries costs vs. Tennessee
| Item | Morristown | Tennessee |
|---|---|---|
| Ground Beef | $6.2 | $5.84 |
| Fried Chicken | $1.66 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.02 | $4.93 |
| Pizza | $11.91 | $12.09 |
| Beer | $9.97 | $10.41 |
| Toothpaste | $3.58 | $3.7 |
Detailed Morristown Health costs vs. Tennessee
| Item | Morristown | Tennessee |
|---|---|---|
| Optometrist | $87.33 | $125.68 |
| Doctor | $108.51 | $135.78 |
| Dentist | $96.95 | $113.29 |
Detailed Morristown Transportation costs vs. Tennessee
| Item | Morristown | Tennessee |
|---|---|---|
| Gasoline | $3.08 | $3.46 |
| Tire Balancing | $51.47 | $59.92 |
Detailed Morristown Utilities costs vs. Tennessee
| Item | Morristown | Tennessee |
|---|---|---|
| All Electricity | $161.17 | $193.99 |
| Phone | $192.18 | $192.25 |
Morristown SnackAbility
Cost Of Living In Cities Around Morristown
The cost of living varies in the cities and towns around Morristown. Here's a quick look at the cost of living in the most populous nearby places:
Westfield, NJ has a cost of living index of 182, 2.0x Morristown.
Dover, NJ has a cost of living index of 121, 1.3x Morristown.
Madison, NJ has a cost of living index of 178, 2.0x Morristown.
| City | Population | Cost Of Living | Vs. Morristown |
|---|---|---|---|
| Westfield, NJ | 31,111 | 182 | 2.0x |
| Dover, NJ | 18,563 | 121 | 1.3x |
| Madison, NJ | 16,447 | 178 | 2.0x |
| Bradley Gardens, NJ | 14,165 | 152 | 1.7x |
| Florham Park, NJ | 13,564 | 174 | 1.9x |
| Martinsville, NJ | 11,559 | 166 | 1.8x |
| Lincoln Park, NJ | 10,957 | 133 | 1.5x |
| Succasunna, NJ | 9,799 | 141 | 1.5x |
| Chatham, NJ | 9,407 | 190 | 2.1x |
| Boonton, NJ | 8,854 | 138 | 1.5x |
