Cost of Living in Morrison, MO
Population: 63 | Missouri
Morrison is 26% less expensive than the national average.
Cost of Living in Morrison, MO: What You Need to Know
With a cost of living index of 74, Morrison, MO is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and in line with the Missouri state average. Morrison is a small community of 63 residents.
The median household income in Morrison is $34,107, which is 55% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Jefferson City, MO (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
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
- $34,107
- vs US Median ($75,149)
- -55%
Housing
- Median Home Value
- $42,500
- Median Monthly Housing Cost
- $398/mo
Everyday Prices in Morrison
BLS Average Prices for the Jefferson City, MO (Metropolitan Statistical Area) area