Morris Plains, NJ Cost Of Living

The latest cost of living statistics for Morris Plains. Includes statistics on rent, mortgages, healthcare, and other costs for Morris Plains compared to the state and national averages.

Cost of living in Morris Plains, New Jersey

Cost of living in Morris Plains 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 Plains is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in New Jersey, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

164 Cost of living index 1.6x higher vs US
#224 Cheapest in New Jersey (of 262)
#5,963 Cheapest in the U.S. (of 6,489)
$727,185 Median home value
$2,835 Median rent
$154,923 Median income
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What is the cost of living in Morris Plains, NJ?

According to the most recent data on the cost of living, Morris Plains has an overall cost of living index of 164, which is 1.6x higher than the national index of 100.

Compared to New Jersey, Morris Plains has a cost of living index that's 1.3x higher than New Jersey's index of 125.

The standard of living in Morris Plains ranks as #224 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Morris Plains ranks as the #38 most expensive place in the Garden State.

For more reading on life in Morris Plains, check out:

Morris Plains Cost Of Living Vs. New Jersey

Six factors go into calculating the cost of living index in Morris Plains. Here is how it fares on each of the criteria:

  • The Services index in Morris Plains is 111.

  • The Groceries index in Morris Plains is 113.

  • The Health index in Morris Plains is 281.

  • The Housing index in Morris Plains is 114.

  • The Transportation index in Morris Plains is 109.

  • The Utilities index in Morris Plains is 117.

Living Expense Morris Plains New Jersey National Average
Overall 164 125 100
Services 111 107 100
Groceries 113 113 100
Health 281 155 100
Housing 114 116 100
Transportation 109 112 100
Utilities 117 113 100

Morris Plains Cost Of Living Compared To New Jersey Averages

Services
Morris Plains 111
New Jersey avg 107
Groceries
Morris Plains 113
New Jersey avg 113
Health
Morris Plains 281
New Jersey avg 155
Housing
Morris Plains 114
New Jersey avg 116
Transportation
Morris Plains 109
New Jersey avg 112
Utilities
Morris Plains 117
New Jersey avg 113

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around New Jersey, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Morris Plains, NJ Housing Cost Breakdown

$727,185Median Home Value
$2,835Median Rent
$154,923Median Income

Housing swings affordability the most between places in New Jersey, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Morris Plains is $727,185.

  • The Median Rent in Morris Plains is $2,835.

  • The Median Income in Morris Plains is $154,923.

  • The Home Value To Income in Morris Plains is 4.7x.

  • The Rent To Monthly Income in Morris Plains is 0.22x.

Statistic Morris Plains New Jersey United States
Median Home Value $727,185 $569,411 $332,700
Median Rent $2,835 $1,720 $1,413
Median Income $154,923 $103,556 $80,734
Home Value To Income 4.7x 5.5x 4.1x
Rent To Monthly Income 0.22x 0.2x 0.21x

Morris Plains, NJ Costs By Category

Detailed Morris Plains Services costs vs. New Jersey
Item Morris Plains New Jersey
Shampoo $1.44 $1.28
Movie $14.15 $12.13
Bowling $25.03 $18
Haircut $29.17 $24.26
Beauty Salon $40.36 $45.56
Detailed Morris Plains Groceries costs vs. New Jersey
Item Morris Plains New Jersey
Ground Beef $5.64 $5.84
Fried Chicken $1.55 $1.57
Milk $4.74 $4.67
Potatoes $5.21 $4.93
Pizza $11.49 $12.09
Beer $11.66 $10.41
Toothpaste $3.66 $3.7
Detailed Morris Plains Health costs vs. New Jersey
Item Morris Plains New Jersey
Optometrist $105.11 $125.68
Doctor $117.94 $135.78
Dentist $121.22 $113.29
Detailed Morris Plains Transportation costs vs. New Jersey
Item Morris Plains New Jersey
Gasoline $3.45 $3.46
Tire Balancing $77.33 $59.92
Detailed Morris Plains Utilities costs vs. New Jersey
Item Morris Plains New Jersey
All Electricity $230.68 $193.99
Phone $186.61 $192.25

Morris Plains SnackAbility

10Overall SnackAbility
Jobs 9/10
Housing 10/10
Affordability 5/10
Diversity 7/10
Safety 8.5/10
Amenities 8.5/10
Education 9.5/10
Commute 5/10

Cost Of Living In Cities Around Morris Plains

The cost of living varies in the cities and towns around Morris Plains. Here's a quick look at the cost of living in the most populous nearby places:

  • Morristown, TN has a cost of living index of 91, 0.6x Morris Plains.

  • Westfield, NJ has a cost of living index of 182, 1.1x Morris Plains.

  • Dover, NJ has a cost of living index of 121, 0.7x Morris Plains.

City Population Cost Of Living Vs. Morris Plains
Morristown, TN 31,527 91 0.6x
Westfield, NJ 31,111 182 1.1x
Dover, NJ 18,563 121 0.7x
Madison, NJ 16,447 178 1.1x
Florham Park, NJ 13,564 174 1.1x
Oakland, NJ 12,768 149 0.9x
Glen Rock, NJ 12,154 174 1.1x
Martinsville, NJ 11,559 166 1.0x
Lincoln Park, NJ 10,957 133 0.8x
Succasunna, NJ 9,799 141 0.9x