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Carthage, TN vs Morrison, TN

78
Carthage
Tennessee
VS
+18.6%
66
Morrison
Tennessee

There is a significant gap in the cost of living between these two cities. Morrison is 18.6% cheaper than Carthage. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Morrison to Carthage should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carthage is $820/month compared to $627/month in Morrison — a 31% difference. Home values follow the same pattern: Morrison is more affordable at $160,700 median vs $239,600.

Median household income in Carthage is $65,288 compared to $34,236 in Morrison (+90.7%). While Carthage is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carthage spend roughly 15.1% of their income on rent, less than the 22% in Morrison.

Income & Cost

Cost of Living Index
Carthage
78
Morrison
66
16% cheaper
Median Household Income
Carthage
$65,288
48% higher
Morrison
$34,236

Housing

Median Rent
Carthage
$820
Morrison
$627
24% cheaper
Median Home Value
Carthage
$239,600
Morrison
$160,700
33% cheaper
Population
Carthage
2,369
Morrison
810

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Carthage $2.89
Morrison $2.89
US $3.07
🥚
Eggs (grade A, large)
Carthage $2.36
Morrison $2.36
US $2.50
🥛
Milk (whole)
Carthage $3.80
Morrison $3.80
US $4.03
🍞
Bread (white)
Carthage $1.74
Morrison $1.74
US $1.85
🍗
Chicken breast
Carthage $3.91
Morrison $3.91
US $4.14
Electricity
Carthage $0.15
Morrison $0.15
US $0.19