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Dyer, TN vs Morrison, TN

65
Dyer
Tennessee
VS
-2.4%
66
Morrison
Tennessee

Dyer, TN and Morrison, TN have a very similar cost of living, with only a 2.4% difference in their overall index. Dyer scores 65 while Morrison scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Dyer is $810/month compared to $627/month in Morrison — a 29% difference. Interestingly, home values tell a different story: while Morrison has cheaper rent, Dyer actually has lower median home values ($117,600 vs $160,700).

Median household income in Dyer is $50,962 compared to $34,236 in Morrison (+48.9%). Dyer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dyer spend roughly 19.1% of their income on rent, less than the 22% in Morrison.

Income & Cost

Cost of Living Index
Dyer
65
2% cheaper
Morrison
66
Median Household Income
Dyer
$50,962
33% higher
Morrison
$34,236

Housing

Median Rent
Dyer
$810
Morrison
$627
23% cheaper
Median Home Value
Dyer
$117,600
27% cheaper
Morrison
$160,700
Population
Dyer
2,334
Morrison
810

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dyer $2.89
Morrison $2.89
US $3.07
🥚
Eggs (grade A, large)
Dyer $2.36
Morrison $2.36
US $2.50
🥛
Milk (whole)
Dyer $3.80
Morrison $3.80
US $4.03
🍞
Bread (white)
Dyer $1.74
Morrison $1.74
US $1.85
🍗
Chicken breast
Dyer $3.91
Morrison $3.91
US $4.14
Electricity
Dyer $0.14
Morrison $0.15
US $0.19