Cost of Living in Morris, CT
Housing
The housing market plays a significant role in determining the cost of living in Morris, CT.
- Housing Index: 122.1 / 100
- Median Home Price is: $357,000
- Average Rent (2 BR Apartment): $2457 per month
- Average Rent (2 BR House): $2671 per month
Based on the provided data for Morris, CT, the housing index appears to be stable at 0. This implies a balanced market without sudden shifts in price trends. With a median home price of 357000, property ownership may be an attractive option, particularly given current low rental metrics. However, it’s important to note that the absence of average rent figures for 2-bedroom apartments and houses suggests potential irregularities or a developing rental market; further exploration is recommended. This environment can indicate excellent opportunities depending on individual housing needs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Morris, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $257 per month
Living in Morris, CT could entail higher utility costs. Electricity costs sit at $26, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $257 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Morris is a financially viable option for your relocation.