Housing costs in Morris?
A typical home costs
$420,200, which is 24.3% more expensive than the national average of
$338,100 and 16.0% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Morris costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 19.4% cheaper than the state average of
$1,660.
Can I afford Morris?
To live comfortably in Morris (zip 06763), Connecticut, a minimum annual income of
$80,640 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Morris?
The cost of living in 06763 Morris, CT is quite high compared to the national average. The median home value is $337,800, and the median rent price is $1,447. This is significantly higher than the national averages of $219,700 for home values and $1,045 for rent prices. Additionally, the cost of goods and services in this area are also generally more expensive than the rest of the country. However, Morris has a relatively low unemployment rate at 3.2%, making it a desirable place to live due to its good job opportunities.