Cost of Living in Morristown, AZ

With a cost of living index of 98, Morristown, AZ is right around the national average in cost. Living here is 2% cheaper than the national average and 9% above the Arizona state average of 89. Morristown is a small community of 194 residents.

The median household income in Morristown is $72,083, which is 4% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Morristown. The area sees an average annual temperature of 72.5°F, with summers averaging 90°F and winters around 55°F. Annual rainfall totals 8.9 inches spread over roughly 35 days. Hot summers are common, which can affect utility costs and lifestyle.

Everyday prices in the Prescott Valley-Prescott, AZ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.