Albany-Schenectady-Troy Morristown

Relocation analysis based on 7 federal data sources

Verdict
Favorable
Cost Index: 99.6 → 86.4
Rent Delta: -$567/mo

Pros of Moving

  • + 13% lower cost of living
  • + $567/mo cheaper rent (2BR)
  • + More affordable childcare
  • + Fewer environmental violations

Cons of Moving

  • - $18K lower median salary
  • - Higher violent crime rate
  • - Higher student-teacher ratios
Dimension
Albany-Schenectady-Troy
Morristown
Winner
💰 Cost of Living
RPP 99.6
RPP 86.4
Morristown
🏠 Rent (2BR)
$1,702/mo
$1,135/mo
Morristown
💼 Wages
$70,186
$52,153
Albany-Schenectady-Troy
🔒 Crime
380 per 100K
600 per 100K
Albany-Schenectady-Troy
🎓 Schools
11.7:1
15.6:1
Albany-Schenectady-Troy
👶 Childcare
$13,869/yr
$7,860/yr
Morristown
🌿 Environment
5270 violations
1091 violations
Morristown

Salary Adjustment Calculator

Enter your current salary in Albany-Schenectady-Troy to see what you'd need to earn in Morristown to maintain the same purchasing power.

Equivalent salary in Morristown

Data: BEA (cost of living), HUD (rent), BLS (wages), FBI (crime), NCES (schools), DOL (childcare), EPA (environment)