Housing costs in Morris?
A typical home costs
$254,900, which is 24.6% less expensive than the national average of
$338,100 and 5.5% more expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Morris costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 2.3% more than the state average of
$1,260.
Can I afford Morris?
To live comfortably in Morris, Illinois, a minimum annual income of
$48,960 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in Morris, IL is relatively low when compared to other parts of the country. Housing costs are very affordable, with the median home value being around $120,000 and average rent at around $750 per month. Utilities such as electricity and water are also relatively low costing. Additionally, food costs in Morris are cheaper than much of the nation, with groceries costing roughly 8% less than average and restaurant meals costing an average of 5% less. Overall, Morris provides a great quality of life for those looking for a more affordable way of life.