| Index | Morris | Illinois | National |
| Cost of living | 101 | 98 | 100 |
| Groceries | 101 | 100 | 100 |
| Health care | 102 | 100 | 100 |
| Housing | 104 | 95 | 100 |
| Transportation | 102 | 101 | 100 |
| Utilities | 101 | 99 | 100 |
| Lifestyle & Entertainment | 103 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 95 | 100 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Morris? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Morris stands at 101, making it 1% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Morris is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Morris affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Morris, the median home price is 4.2% higher than the national average and monthly rent prices are 2.5% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Morris boasting a median household income of $91,133, 12% higher than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Morris, the general sales tax rate starts at 6.25%, and income tax rates begin at 4.95%.
Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In Morris, the groceries index is 0.8% higher than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Morris, the housing index is 3.7% higher than the national average.
The cost of living estimates displayed for Morris are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $121,172 | $10,098 | $2,827 | $3,636 |
| Renters | $73,527 | $6,127 | $1,716 | $2,206 |
| State | General Sales Tax | With Max Surtax |
| Illinois | 6.25% | 10.25% |
| State | Income Tax (Low) | Income Tax (High) |
| Illinois | 4.95% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| Ransom, IL | 362 | 87 | 13.5% |
| Kinsman, IL | 100 | 87 | 12.8% |
| East Brooklyn, IL | 59 | 89 | 10.6% |
| Godley, IL | 717 | 90 | 9.8% |
| Verona, IL | 270 | 90 | 9.7% |
| Morris, IL | 14,819 | 101 | 1.5% |
| City | Population | Cost of Living Index | National Avg. |
| Midlothian, IL | 14,817 | 99 | 1.4% |
| Fraser, MI | 14,815 | 92 | 7.6% |
| Gaspé, QC | 14,815 | n/a | |
| Mill Valley, CA | 14,823 | 291 | 190.9% |
| Piney Green, NC | 14,825 | 97 | 3.0% |
| Morris, IL | 14,819 | 101 | 1.5% |
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