Housing costs in Morris?
A typical home costs
$546,600, which is 61.7% more expensive than the national average of
$338,100 and 26.5% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Morris costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 6.2% cheaper than the state average of
$1,710.
Can I afford Morris?
To live comfortably in Morris New Jer County, New Jersey, a minimum annual income of
$104,760 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in Morris, NJ County is significantly higher than the US average. According to research, the cost of living index in Morris County is 136.6 compared to the US average of 100. This means that it costs 36.6% more to live in this county than the general US average. As a result, housing prices are also higher with a median value of $546,600 for homes in Morris County compared to the US average of $338,100.