Cost of living in Morris research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Morris is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Morris is 103, with 100 being the average.
The cost of living index in Morris is 1.0x higher than the national average.
Morris ranks as the #169 cheapest in Illinois out of 336.
Morris ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Morris is $305,206.
The median income in Morris is $72,357.
According to the most recent data on the cost of living, Morris has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Illinois, Morris has a cost of living index that's 1.1x higher than Illinois's index of 97.
The standard of living in Morris ranks as #169 most affordable out of the 336 places we measured in Illinois. By definition, that implies Morris ranks as the #167 most expensive place in the Prairie State.
For more reading on life in Morris, check out:
Six factors go into calculating the cost of living index in Morris. Here is how it fairs on each of the criteria:
The Services index in Morris is 107.
The Groceries index in Morris is 98.
The Health index in Morris is 99.
The Housing index in Morris is 105.
The Transportation index in Morris is 116.
The Utilities index in Morris is 81.
| Living Expense | Morris | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 103 | 97 | 100 | |
| Services | 107 | 95 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 99 | 93 | 100 | |
| Housing | 105 | 95 | 100 | |
| Transportation | 116 | 102 | 100 | |
| Utilities | 81 | 91 | 100 | |
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Morris is $305,206.
The Median Rent in Morris is $1,141.
The Median Income in Morris is $72,357.
The Home Value To Income in Morris is 4.2x.
The Rent To Monthly Income in Morris is 0.19x.
The cost of living varies in the cities and towns around Morris. Here's a quick look at the cost of living in the most populous nearby places:
Joliet, IL has a cost of living index of 101, 1.0x Morris.
Yorkville, IL has a cost of living index of 111, 1.1x Morris.
Shorewood, IL has a cost of living index of 116, 1.1x Morris.
| City | Population | Cost Of Living | Vs. Morris |
|---|---|---|---|
| Joliet, IL | 149,785 | 101 | 1.0x |
| Yorkville, IL | 22,350 | 111 | 1.1x |
| Shorewood, IL | 18,218 | 116 | 1.1x |
| Channahon, IL | 13,854 | 114 | 1.1x |
| Minooka, IL | 12,632 | 109 | 1.1x |
| Braidwood, IL | 6,175 | 99 | 1.0x |