Morris, IL Cost Of Living
Cost Of Living In Morris, IL Summary
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 100, with 100 being the average.
The cost of living index in Morris is 1.0x lower than the national average.
Morris ranks as the #170 cheapest in Illinois out of 338.
Morris ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Morris is $194,600.
The median income in Morris is $65,911.
Table Of Contents
Morris's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Morris, IL?
According to the most recent data on the cost of living, Morris has an overall cost of living index of 100, which is 1.0x lower 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 92.
The standard of living in Morris ranks as #170 most affordable out of the 338 places we measured in Illinois. By definition, that implies Morris ranks as the #168 most expensive place in the Prairie State.
For more reading on life in Morris, check out:
- Living In Morris
- Morris Crime Report
- Search Homes For Sale In Morris, IL
In Illinois
In America
Morris Cost Of Living Vs. Illinois
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 98.
The Groceries index in Morris is 96.
The Health index in Morris is 111.
The Housing index in Morris is 100.
The Transportation index in Morris is 111.
The Utilities index in Morris is 90.
| Living Expense | Morris | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 100 | 92 | 100 | |
| Services | 98 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 100 | 81 | 100 | |
| Transportation | 111 | 105 | 100 | |
| Utilities | 90 | 90 | 100 | |
Morris, IL Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Morris is $194,600.
The Median Rent in Morris is $1,063.
The Median Income in Morris is $65,911.
The Home Value To Income in Morris is 3.0x.
The Rent To Monthly Income in Morris is 0.19x.
| Statistic | Morris | Illinois | United States |
|---|---|---|---|
| Median Home Value | $194,600 | $212,600 | $244,900 |
| Median Rent | $1,063 | $1,097 | $1,163 |
| Median Income | $65,911 | $72,563 | $69,021 |
| Home Value To Income | 3.0x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Morris, IL Costs By Category
Detailed Morris Services Costs Vs. Illinois
Detailed Morris Groceries Costs Vs. Illinois
Detailed Morris Health Costs Vs. Illinois
Detailed Morris Transportation Costs Vs. Illinois
Detailed Morris Utilities Costs Vs. Illinois
Morris SnackAbility
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Cost Of Living In Cities Around Morris
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 96, 1.0x Morris.
Yorkville, IL has a cost of living index of 106, 1.1x Morris.
Shorewood, IL has a cost of living index of 112, 1.1x Morris.
| City | Population | Cost Of Living | Vs. Morris |
|---|---|---|---|
| Joliet, IL | 150,323 | 96 | 1.0x |
| Yorkville, IL | 20,503 | 106 | 1.1x |
| Shorewood, IL | 17,947 | 112 | 1.1x |
| Channahon, IL | 13,694 | 105 | 1.1x |
| Minooka, IL | 12,412 | 101 | 1.0x |
| Braidwood, IL | 6,280 | 95 | 0.9x |
