StateRates

Morristown cost of living

Prices in the Morristown, TN metro area run at 86.4 against a national average of 100, ranking it #361 of 387 metros. Rents there sit at 59.0.

Tennessee

All items 86.4 #361 of 387 metros
Rents 59.0 national average 100
Median wage $40,320 BLS metro survey
Worth nationally $46,667 same wage, adjusted

What drives the number

Prices in Morristown run at 86.4 where the national average is 100, so about 13.6 per cent below the country as a whole. It ranks #361 of 387 metro areas. Against Tennessee as a whole it is 5.5 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.

Housing is unusually cheap relative to everything else here. Rents sit at 59.0 against goods at 96.2 and other services at 72.4, so the overall figure of 86.4 understates how affordable the housing itself is. It is the opposite of the usual pattern, where housing is what makes a place expensive.

The number is most useful in reverse: a job here can pay less in cash and still leave a household better off, by roughly 13.6 per cent before anything else is considered.

All items 86.4
Goods 96.2
Rents 59.0
Other services 72.4

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Morristown

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Morristown is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Morristown, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
Laborers and Freight, Stock, and Material Movers, Hand 1,800 $36,600 $42,361 $38,940
Fast Food and Counter Workers 1,530 $26,760 $30,972 $30,480
Heavy and Tractor-Trailer Truck Drivers 1,430 $56,770 $65,706 $57,440
Cashiers 1,210 $27,140 $31,412 $31,190
Retail Salespersons 1,210 $29,870 $34,572 $34,580
Stockers and Order Fillers 1,060 $31,020 $35,903 $37,090
Miscellaneous Assemblers and Fabricators 1,050 $36,550 $42,303 $42,210
Production Workers, All Other 930 $37,230 $43,090 $38,820

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 86.4.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Nashville-Davidson--Murfreesboro--Franklin 96.3 104.6 #143
Knoxville 92.6 82.8 #227
Memphis 92.2 79.8 #237
Chattanooga 91.5 76.6 #257
Clarksville 90.9 73.8 #272
Cleveland 88.1 60.3 #332

Morristown: common questions

Is Morristown expensive?

Prices are 13.6% below the national average, a parity of 86.4 where the country is 100. It ranks #361 of the 387 metro areas BEA measures. Against Tennessee as a whole it is 5.5 points less expensive.

What salary do you need in Morristown?

The median worker there earns $40,320, which buys what $46,667 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 59.0 against goods at 96.2. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.