Centerville, IN vs Morristown, IN

Centerville is moderately more affordable than Morristown, with a 5.9% lower cost of living index. Centerville scores 68 compared to 72 for Morristown, where the US average is 100. This difference means residents of Morristown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Centerville is $799/month compared to $910/month in Morristown — a 12% difference. Home values follow the same pattern: Centerville is more affordable at $133,200 median vs $137,500.

Median household income in Centerville is $50,724 compared to $47,850 in Morristown (+6%). Centerville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Centerville spend roughly 18.9% of their income on rent, less than the 22.8% in Morristown.