McMinnville, TN vs Morristown, TN

McMinnville, TN and Morristown, TN have a very similar cost of living, with only a 0.4% difference in their overall index. McMinnville scores 69 while Morristown scores 69 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 McMinnville is $756/month compared to $855/month in Morristown — a 12% difference. Home values follow the same pattern: McMinnville is more affordable at $147,200 median vs $155,700.

Median household income in McMinnville is $43,348 compared to $44,811 in Morristown (-3.3%). While Morristown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McMinnville spend roughly 20.9% of their income on rent, less than the 22.9% in Morristown.