Zip 06763 (Morris, CT) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Morris, Connecticut?
$6,720 / month
for a family, 24.4% more expensive than the national average A total of $80,640 for the year for a family.
$3,567 / month
for a single person, 25.2% less expensive than the national average A total of $42,800 for the year for a single person.

Morris cost of living score
105.9
More expensive
5.9% higher
than the US average
5.3% lower
than the Connecticut average
Morris (zip 06763), Connecticut gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Connecticut.

Zip 06763 (Morris, CT)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMorrisConnecticutUnited States
    Unlock111.8100.0
  108.0  Unlock100.0
    Unlock118.6100.0
  135.9  Unlock100.0
    Unlock$362,100$338,100
  121.5  Unlock100.0
    Unlock112.4100.0
  128.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.