Cost of Living in Morris, IN
Population: 641 | Indiana
Morris is 12% less expensive than the national average.
Cost of Living in Morris, IN: What You Need to Know
With a cost of living index of 88, Morris, IN is a very affordable place to live. Living here is 12% cheaper than the national average and 10% above the Indiana state average of 78. Morris is a small community of 641 residents.
The median household income in Morris is $53,710, which is 29% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $53,710
- vs US Median ($75,149)
- -29%
Housing
- Median Home Value
- $184,800
- Median Monthly Housing Cost
- $1,032/mo