Cost of Living in Morris County, NJ

Modeled annual cost: $70,177.

Median family income: $168,431.

NJ Median $59,331

Morris County, NJ Affordability at a glance

Median Income

$168,431

Estimated Annual Costs

$70,177

Cost/Income Ratio

41.7%

State Rank

#1Most expensive counties in NJ out of 21See New Jersey county rankings

Location Type

Metro

Biggest category:

Housing is the biggest expense in Morris County, NJ.

$21,977 per year.*31.32% of total modeled yearly costs.

Cost breakdown

Total

$70,177

Per year

  • Housing:
    $21,97731.3%
  • Taxes:
    $15,29921.8%
  • Transport:
    $13,81719.7%
  • Other Costs:
    $8,34211.9%
  • Healthcare:
    $5,8488.3%
  • Food:
    $4,8927.0%

* Percentages may not add up to 100% due to rounding.

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See how Morris County, NJ compares across the country.

Explore our cost of living interactive map to compare Morris County, NJ with multiple counties in the United States.

How WatchPennies calculates salary needed