Cost of Living in Morrison, IL
Population 3,781 · Illinois · Data vintage 2023
(100 = US avg)
Morrison offers a notably favorable income-to-housing ratio for its region. The typical home — $117,000 — costs less than 1.7 times median household income of $67,580, a threshold many coastal markets passed a decade ago. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.
Geographically, Morrison is about 35 miles east of Davenport, the nearest large metro. Median home values run roughly 28% lower than Davenport's $163,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Morrison
The median home value in Morrison is $117,300 — 62% below the national median of $305,000. Median rent runs $1,104/month, 16% lower than the national median of $1,314/month. The median household income of $67,580/year is 9% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. Overall, Morrison has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.
Morrison has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Morrison, IL?
Morrison has a cost index of 57 (100 = national average). It is 43% below the national average.
What is average rent in Morrison, IL?
The median gross rent in Morrison is $1,104 per month based on 2023 Census data.
What is the average home price in Morrison?
The median home value in Morrison is $117,300 according to Zillow and Census data.
What is the median income in Morrison?
The median household income in Morrison is $67,580 per year (2023 ACS 5-year estimates).
What is the sales tax in Morrison, IL?
The combined state and local sales tax rate in Morrison is 8.7%. The Illinois state income tax top rate is 5.0%.
Is Morrison, IL affordable?
Yes, Morrison is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.
Morrison at a Glance
- Population
- 3,781
- Median Income
- $67,580
- Home Value
- $117,300
- Median Rent
- $1,104/mo
- Unemployment
- 2.7%
- Sales Tax
- 8.7%
Explore county-level cost of living data
Illinois Rankings
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