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Lagrange, IN vs Morristown, IN

66
Lagrange
Indiana
VS
-8.9%
72
Morristown
Indiana

Lagrange is moderately more affordable than Morristown, with a 8.9% lower cost of living index. Lagrange scores 66 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 Lagrange is $752/month compared to $910/month in Morristown — a 17% difference. Home values follow the same pattern: Lagrange is more affordable at $124,000 median vs $137,500.

Median household income in Lagrange is $51,786 compared to $47,850 in Morristown (+8.2%). Lagrange offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lagrange spend roughly 17.4% of their income on rent, less than the 22.8% in Morristown.

Income & Cost

Cost of Living Index
Lagrange
66
9% cheaper
Morristown
72
Median Household Income
Lagrange
$51,786
8% higher
Morristown
$47,850

Housing

Median Rent
Lagrange
$752
17% cheaper
Morristown
$910
Median Home Value
Lagrange
$124,000
10% cheaper
Morristown
$137,500
Population
Lagrange
2,770
Morristown
996

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lagrange
Morristown $2.91
US $3.07
🥚
Eggs (grade A, large)
Lagrange
Morristown $2.37
US $2.50
🥛
Milk (whole)
Lagrange
Morristown $3.82
US $4.03
🍞
Bread (white)
Lagrange
Morristown $1.75
US $1.85
🍗
Chicken breast
Lagrange
Morristown $3.93
US $4.14
Electricity
Lagrange
Morristown $0.16
US $0.19