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Morrison, TN vs Pegram, TN

66
Morrison
Tennessee
VS
-37.9%
107
Pegram
Tennessee

The cost of living difference between Morrison, TN and Pegram, TN is dramatic. Morrison is 37.9% cheaper than Pegram, a gap that translates to thousands of dollars per year in household expenses. Morrison has a cost index of 66 while Pegram sits at 107, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Morrison is $627/month compared to $1,481/month in Pegram — a 58% difference. Home values follow the same pattern: Morrison is more affordable at $160,700 median vs $337,400.

Median household income in Morrison is $34,236 compared to $102,396 in Pegram (-66.6%). While Pegram is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morrison spend roughly 22% of their income on rent, more than the 17.4% in Pegram.

Income & Cost

Cost of Living Index
Morrison
66
38% cheaper
Pegram
107
Median Household Income
Morrison
$34,236
Pegram
$102,396
67% higher

Housing

Median Rent
Morrison
$627
58% cheaper
Pegram
$1,481
Median Home Value
Morrison
$160,700
52% cheaper
Pegram
$337,400
Population
Morrison
810
Pegram
2,216

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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