Quick answer
Prices in Morristown, TN were 13.6% below the US average in 2024 (Regional Price Parity 86.4, US = 100), with a housing-rent index of 59.0, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 86.364 |
| Goods | 96.247 |
| Housing (rents) | 59.024 |
| Utilities | 72.433 |
| Other services | 95.142 |
| — All items by year — | |
| 2024 | 86.364 |
| 2023 | 87.214 |
| 2022 | 87.655 |
| 2021 | 84.821 |
| 2020 | 84.611 |
| 2019 | 87.116 |
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Last updated 2026-10-16. Data only, not financial or tax advice.