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Jackson, TN vs Morristown, TN

80
Jackson
Tennessee
VS
+14.9%
69
Morristown
Tennessee

Morristown is moderately more affordable than Jackson, with a 14.9% lower cost of living index. Jackson scores 80 compared to 69 for Morristown, where the US average is 100. This difference means residents of Jackson can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Jackson is $1,094/month compared to $855/month in Morristown — a 28% difference. Home values follow the same pattern: Morristown is more affordable at $155,700 median vs $195,000.

Median household income in Jackson is $51,552 compared to $44,811 in Morristown (+15%). While Jackson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Jackson spend roughly 25.5% of their income on rent, more than the 22.9% in Morristown.

Income & Cost

Cost of Living Index
Jackson
80
Morristown
69
13% cheaper
Median Household Income
Jackson
$51,552
13% higher
Morristown
$44,811

Housing

Median Rent
Jackson
$1,094
Morristown
$855
22% cheaper
Median Home Value
Jackson
$195,000
Morristown
$155,700
20% cheaper
Population
Jackson
68,098
Morristown
30,983

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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