Cost of Living in Morristown, NJ
Overall index: 141 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 159 | +59% | $1,520 |
| Transportation | 103 | +3% | $3.50 |
| Food | 155 | +55% | $636 |
| Utilities | 130 | +30% | $286 |
| Healthcare | 130 | +30% | $207 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Morristown?
A single adult living comfortably in Morristown, NJ needs approximately $49,350 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Morristown, NJ?
The overall cost of living in Morristown, NJ is 41% higher than the US national average (index: 141 where 100 = national average).
How much is rent in Morristown, NJ?
Average rent for a 1-bedroom apartment in Morristown, NJ is about $1,520/month.
Is Morristown, NJ expensive to live in?
Yes, Morristown, NJ is considered expensive (index above national average).
What salary do I need to live in Morristown, NJ?
A single adult needs roughly $49,350/year to cover basic living costs in Morristown, NJ.