Housing costs in Morris?
A typical home costs
$746,600, which is 120.8% more expensive than the national average of
$338,100 and 72.8% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Morris costs
$2,370 per month, which is 65.7% more than the national average of
$1,430 and 27.8% more than the state average of
$1,710.
Can I afford Morris?
To live comfortably in Morris, New Jersey, a minimum annual income of
$142,920 for a family, and
$79,200 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in Morris, NJ is relatively high compared to other parts of the country. The median home value in Morris is around $400,000, which is significantly higher than the national average and puts it among the most expensive areas to live in New Jersey. On top of that, goods and services tend to be more expensive here too, as are transportation costs. Despite this, Morris offers a great quality of life with its close proximity to both urban centers and natural attractions such as the Great Swamp National Wildlife Refuge. As such, those who choose to call Morris home will have access to many opportunities and amenities while also having peace and quiet away from the hustle and bustle of bigger towns and cities.