Last update: Oct 2026

Cost of Living Comparison Between Morristown, NJ and New York, NY

For one person, living is cheaper in Morristown, NJ: $3,972 a month against $4,938 in New York, NY, rent and utilities included – about $11,600 less a year. Rent and utilities account for most of the difference.

190

Cost of Living Index in Morristown, NJ
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Morristown, NJ Living Index
239

Cost of Living Index in New York, NY
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New York, NY Living Index

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Morristown, NJ

🇺🇸 United States

$3,972

/mo nomad

New York, NY

🇺🇸 United States

$4,938

/mo nomad

Monthly Cost of Living

How much you'll spend in Morristown, NJ and in New York, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Morristown, NJ and in New York, NY actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,972 in Morristown, NJ versus $4,938 in New York, NY.

Morristown, NJ $3,972
New York, NY $4,938

Estimated couple costs with rent: $5,434 in Morristown, NJ versus $7,273 in New York, NY.

Morristown, NJ $5,434
New York, NY $7,273

Monthly costs for a family of three with rent: $6,896 in Morristown, NJ versus $9,608 in New York, NY.

Morristown, NJ $6,896
New York, NY $9,608

Living in Morristown, NJ costs roughly 20% less than in New York, NY, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Morristown, NJ 193% above, New York, NY 264% above.

Meal at Budget Restaurant

$18.66 $18.66

$24.99 $24.99

-25.33%

Three-Course Dinner for Two, Mid-Range

$81.1 $81.1

$120 $120

-32.57%

Fast Food Meal (McDonalds, etc)

$12.17 $12.17

$13.74 $13.74

-11.43%

Cappuccino

$5.95 $5.95

$6.60 $6.60

-9.85%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.43 $2.43

$3.82 $3.82

-36.39%

Water (0.33 liter bottle)

$1.51 $1.51

$2.87 $2.87

-47.39%

Local Beer (0.5 liter draught)

$8.21 $8.21

$7.95 $7.95

3.27%

Imported Beer (0.33 liter bottle)

$11.91 $11.91

$10.06 $10.06

18.39%

Milk (1 liter)

$1.22 $1.22

$1.37 $1.37

-10.95%

White Bread (500g)

$4.59 $4.59

$4.75 $4.75

-3.37%

Rice (white) (1kg)

$4.29 $4.29

$7.69 $7.69

-44.21%

Eggs

$6.52 $6.52

$5.87 $5.87

11.07%

Local Cheese (1kg)

$13.87 $13.87

$19.25 $19.25

-27.95%

Chicken Fillets (1kg)

$6.58 $6.58

$17.83 $17.83

-63.10%

Beef Round Steak (1kg)

$19.88 $19.88

$19.03 $19.03

4.47%

Apples (1kg)

$5.88 $5.88

$6.69 $6.69

-12.11%

Banana (1kg)

$3.02 $3.02

$2.29 $2.29

31.88%

Oranges (1kg)

$4.38 $4.38

$6.41 $6.41

-31.67%

Tomato (1kg)

$5.47 $5.47

$6.75 $6.75

-18.96%

Potato (1kg)

$2.99 $2.99

$3.93 $3.93

-23.92%

Onion (1kg)

$3.12 $3.12

$4.52 $4.52

-30.97%

Lettuce (1 head)

$2.05 $2.05

$2.79 $2.79

-26.52%

Water (1.5 liter bottle)

$0.52 $0.52

$2.51 $2.51

-79.28%

Cigarettes 20 Pack (Marlboro, Camel)

$13.21 $13.21

$18.10 $18.10

-27.02%

Wine (Bottle)

$15.27 $15.27

$20.16 $20.16

-24.26%

Local Beer (0.5 liter bottle)

$1.83 $1.83

$3.26 $3.26

-43.87%

Imported Beer (0.33 liter bottle)

$3.22 $3.22

$3.75 $3.75

-14.13%

One-way Ticket (Public Transport)

$2.53 $2.53

$2.92 $2.92

-13.36%

Public Transport Monthly Pass (Regular Price)

$70.2 $70.2

$143 $143

-50.81%

Taxi Start (Normal Tariff)

$3.07 $3.07

$3.06 $3.06

0.33%

Taxi (Normal Tariff) (1km)

$2.16 $2.16

Taxi 1hour Waiting (Normal Tariff)

$42.31 $42.31

$41.33 $41.33

2.37%

Gasoline (1 liter)

$0.89 $0.89

$1.12 $1.12

-20.54%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$28.1K $28.1K

$33.1K $33.1K

-15.09%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.4K $25.4K

$25.7K $25.7K

-1.11%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$173 $173

$219 $219

-21.23%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$51.0 $51.0

$75.3 $75.3

-32.30%

Internet (50+ Mbps, Unlimited Data)

$50.6 $50.6

$70.5 $70.5

-28.28%

Gym Membership (Monthly)

$80.1 $80.1

$116 $116

-30.65%

Tennis Court (1 Hour on Weekend)

$20.83 $20.83

$67.6 $67.6

-69.20%

Cinema Ticket

$17.31 $17.31

$21.37 $21.37

-19.00%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,990 $1,990

$3,432 $3,432

-42.02%

International Primary School, 1 Child (Yearly)

$15.9K $15.9K

$61.7K $61.7K

-74.20%

Jeans (Levis 501 Or Similar)

$49.51 $49.51

$74.9 $74.9

-33.88%

Summer Dress (H&M, Zara, etc)

$26.52 $26.52

$52.1 $52.1

-49.14%

Sport Shoes (Adidas, Nike)

$110 $110

$117 $117

-5.69%

Men's Leather Business Shoes

$101 $101

$135 $135

-24.67%

1-bedroom Apartment, City Center (Monthly)

$2,706 $2,706

$4,347 $4,347

-37.77%

1-bedroom Apartment, Outside City Center (Monthly)

$2,618 $2,618

$3,117 $3,117

-16.02%

3-bedroom Apartment, City Center (Monthly)

$4,140 $4,140

$9,110 $9,110

-54.56%

3-bedroom Apartment, Outside City Center (Monthly)

$3,810 $3,810

$5,379 $5,379

-29.17%

Buy Apartment in City Center (m2)

$2,710 $2,710

$19.3K $19.3K

-85.94%

Buy Apartment Outside City Center (m2)

$2,292 $2,292

$6,943 $6,943

-66.98%

Average Monthly Net Salary (After Tax)

$5,357 $5,357

$5,238 $5,238

2.28%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.56

6.85

-4.23%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Morristown, NJ: October 18, 2026

Last update for New York, NY: October 17, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Morristown, NJ

$2.6K 65.9%

New York, NY

$3.1K 63.1% 19.1% $499

Groceries & Markets

Morristown, NJ

$404 10.2%

New York, NY

$552 11.2% 36.8% $149

Eating Out

Morristown, NJ

$338 8.5%

New York, NY

$407 8.2% 20.4% $69

Monthly Utilities & Internet

Morristown, NJ

$274 6.9%

New York, NY

$365 7.4% 33.1% $91

Clothing & Footwear

Morristown, NJ

$129 3.3%

New York, NY

$170 3.5% 31.6% $41

Sport & Entertainment

Morristown, NJ

$115 2.9%

New York, NY

$158 3.2% 37.9% $44

Getting Around

Morristown, NJ

$94 2.4%

New York, NY

$168 3.4% 78.6% $74

Cost Breakdown

A one-bedroom apartment in the center runs $2,706 in Morristown, NJ and $4,347 in New York, NY. Housing cost is often the main lever when comparing two cities.

Morristown, NJ pays 2% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $81.0 in Morristown, NJ vs $120 in New York, NY for a mid-range dinner for two. Groceries echo the gap at $404 vs $552 per month, with Morristown, NJ cheaper across the board.

Good to know

🇺🇸 Morristown, NJ

🇺🇸 New York, NY

🕒 Local time

02:02 2:02 AM

Same time as Morristown, NJ

🌤 Weather

👥 Population

19,122

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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Between locations

Morristown, NJ New York, NY 31 km

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Morristown, NJ
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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Morristown, NJ vs New York, NY: Cost of Living - Frequently Asked Questions

Morristown, NJ wins on cost – living expenses run 24% lower than in New York, NY. Housing and daily spending are where you'll feel the difference most, making Morristown, NJ the obvious pick if budget is a priority.

Average pay runs 2% higher in Morristown, NJ, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,706 in Morristown, NJ versus $4,347 in New York, NY. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Morristown, NJ runs roughly 103% less than in New York, NY. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $1,990 in Morristown, NJ versus $3,432 in New York, NY. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Both cities are expensive relative to $2,000. Morristown, NJ is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both work as nomad bases, but Morristown, NJ delivers better value – similar infrastructure at $3,972 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Morristown, NJ hard to pass up.

Safety-wise, Morristown, NJ and New York, NY are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Morristown, NJ gentler on the wallet – expenses run 24% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.