Last update: Oct 2026

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

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.

239

Cost of Living Index in New York, NY
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New York, NY Living Index
190

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

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New York, NY

🇺🇸 United States

$4,938

/mo nomad

Morristown, NJ

🇺🇸 United States

$3,972

/mo nomad

Monthly Cost of Living

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

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

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

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

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

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

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

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

Living in New York, NY is roughly 24% more expensive than in Morristown, NJ, and outside of rent the biggest gap is in groceries.

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

Meal at Budget Restaurant

$24.99 $24.99

$18.66 $18.66

33.92%

Three-Course Dinner for Two, Mid-Range

$120 $120

$81.1 $81.1

48.30%

Fast Food Meal (McDonalds, etc)

$13.74 $13.74

$12.17 $12.17

12.90%

Cappuccino

$6.60 $6.60

$5.95 $5.95

10.92%

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

$3.82 $3.82

$2.43 $2.43

57.20%

Water (0.33 liter bottle)

$2.87 $2.87

$1.51 $1.51

90.07%

Local Beer (0.5 liter draught)

$7.95 $7.95

$8.21 $8.21

-3.17%

Imported Beer (0.33 liter bottle)

$10.06 $10.06

$11.91 $11.91

-15.53%

Milk (1 liter)

$1.37 $1.37

$1.22 $1.22

12.30%

White Bread (500g)

$4.75 $4.75

$4.59 $4.59

3.49%

Rice (white) (1kg)

$7.69 $7.69

$4.29 $4.29

79.25%

Eggs

$5.87 $5.87

$6.52 $6.52

-9.97%

Local Cheese (1kg)

$19.25 $19.25

$13.87 $13.87

38.79%

Chicken Fillets (1kg)

$17.83 $17.83

$6.58 $6.58

170.97%

Beef Round Steak (1kg)

$19.03 $19.03

$19.88 $19.88

-4.28%

Apples (1kg)

$6.69 $6.69

$5.88 $5.88

13.78%

Banana (1kg)

$2.29 $2.29

$3.02 $3.02

-24.17%

Oranges (1kg)

$6.41 $6.41

$4.38 $4.38

46.35%

Tomato (1kg)

$6.75 $6.75

$5.47 $5.47

23.40%

Potato (1kg)

$3.93 $3.93

$2.99 $2.99

31.44%

Onion (1kg)

$4.52 $4.52

$3.12 $3.12

44.87%

Lettuce (1 head)

$2.79 $2.79

$2.05 $2.05

36.10%

Water (1.5 liter bottle)

$2.51 $2.51

$0.52 $0.52

382.69%

Cigarettes 20 Pack (Marlboro, Camel)

$18.10 $18.10

$13.21 $13.21

37.02%

Wine (Bottle)

$20.16 $20.16

$15.27 $15.27

32.02%

Local Beer (0.5 liter bottle)

$3.26 $3.26

$1.83 $1.83

78.14%

Imported Beer (0.33 liter bottle)

$3.75 $3.75

$3.22 $3.22

16.46%

One-way Ticket (Public Transport)

$2.92 $2.92

$2.53 $2.53

15.42%

Public Transport Monthly Pass (Regular Price)

$143 $143

$70.2 $70.2

103.28%

Taxi Start (Normal Tariff)

$3.06 $3.06

$3.07 $3.07

-0.33%

Taxi (Normal Tariff) (1km)

$2.16 $2.16

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$42.31 $42.31

-2.32%

Gasoline (1 liter)

$1.12 $1.12

$0.89 $0.89

25.84%

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

$33.1K $33.1K

$28.1K $28.1K

17.77%

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

$25.7K $25.7K

$25.4K $25.4K

1.12%

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

$219 $219

$173 $173

26.96%

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

$75.3 $75.3

$51.0 $51.0

47.71%

Internet (50+ Mbps, Unlimited Data)

$70.5 $70.5

$50.6 $50.6

39.43%

Gym Membership (Monthly)

$116 $116

$80.1 $80.1

44.19%

Tennis Court (1 Hour on Weekend)

$67.6 $67.6

$20.83 $20.83

224.63%

Cinema Ticket

$21.37 $21.37

$17.31 $17.31

23.45%

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

$3,432 $3,432

$1,990 $1,990

72.46%

International Primary School, 1 Child (Yearly)

$61.7K $61.7K

$15.9K $15.9K

287.56%

Jeans (Levis 501 Or Similar)

$74.9 $74.9

$49.51 $49.51

51.24%

Summer Dress (H&M, Zara, etc)

$52.1 $52.1

$26.52 $26.52

96.61%

Sport Shoes (Adidas, Nike)

$117 $117

$110 $110

6.03%

Men's Leather Business Shoes

$135 $135

$101 $101

32.74%

1-bedroom Apartment, City Center (Monthly)

$4,347 $4,347

$2,706 $2,706

60.69%

1-bedroom Apartment, Outside City Center (Monthly)

$3,117 $3,117

$2,618 $2,618

19.07%

3-bedroom Apartment, City Center (Monthly)

$9,110 $9,110

$4,140 $4,140

120.08%

3-bedroom Apartment, Outside City Center (Monthly)

$5,379 $5,379

$3,810 $3,810

41.19%

Buy Apartment in City Center (m2)

$19.3K $19.3K

$2,710 $2,710

611.45%

Buy Apartment Outside City Center (m2)

$6,943 $6,943

$2,292 $2,292

202.89%

Average Monthly Net Salary (After Tax)

$5,238 $5,238

$5,357 $5,357

-2.23%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.85

6.56

4.42%

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

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

Last update for Morristown, NJ: October 18, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.1K 63.1%

Morristown, NJ

$2.6K 65.9% 16% $499

Groceries & Markets

New York, NY

$552 11.2%

Morristown, NJ

$404 10.2% 26.9% $149

Eating Out

New York, NY

$407 8.2%

Morristown, NJ

$338 8.5% 17% $69

Monthly Utilities & Internet

New York, NY

$365 7.4%

Morristown, NJ

$274 6.9% 24.9% $91

Clothing & Footwear

New York, NY

$170 3.5%

Morristown, NJ

$129 3.3% 24% $41

Getting Around

New York, NY

$168 3.4%

Morristown, NJ

$94 2.4% 44% $74

Sport & Entertainment

New York, NY

$158 3.2%

Morristown, NJ

$115 2.9% 27.5% $44

Cost Breakdown

A one-bedroom apartment in the center runs $4,347 in New York, NY and $2,706 in Morristown, NJ. 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: $120 in New York, NY vs $81.0 in Morristown, NJ for a mid-range dinner for two. Groceries echo the gap at $552 vs $404 per month, with Morristown, NJ cheaper across the board.

Good to know

🇺🇸 New York, NY

🇺🇸 Morristown, NJ

🕒 Local time

04:11 4:11 AM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

19,122

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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Between locations

New York, NY Morristown, NJ 31 km

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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

New York, NY vs Morristown, NJ: 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.

On paper, salaries run 2% lower in Morristown, NJ. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $4,347 in New York, NY versus $2,706 in Morristown, NJ. 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 $3,432 in New York, NY versus $1,990 in Morristown, NJ. 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, New York, NY and Morristown, NJ 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.