Cost of Living: Charlotte, NC vs Morrisville, NC

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Charlotte, NC versus $4,254/mo in Morrisville, NC. In the model, rent is about 21.91% of gross in Charlotte, NC versus 26.01% in Morrisville, NC, so Charlotte, NC tends to feel more affordable for rent.

Take-home in Charlotte, NC
$4,254/mo
Income level: below
Take-home in Morrisville, NC
$4,254/mo
Income level: below
Rent share (1BR) in Charlotte, NC
21.91%
COLI tier: mid-range
Rent share (1BR) in Morrisville, NC
26.01%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Charlotte, NC and Morrisville, NC.

At a glance

  • Cheaper overall (lower cost-of-living index): Charlotte, NC
  • Lower rent (median 1BR/2BR): Charlotte, NC
  • Lower home prices: Charlotte, NC
  • Higher median household income: Morrisville, NC

Cost of Living Index

Charlotte, NC: 95.6 (U.S. = 100) · Morrisville, NC: 100 (U.S. = 100)

Charlotte, NC has a lower cost-of-living index than Morrisville, NC, so a given salary generally stretches further there.

Median Rent

Charlotte, NC: $1,429/mo (midpoint of 1BR/2BR) · Morrisville, NC: $1,696/mo

Median rent in Morrisville, NC is $267/mo higher than in Charlotte, NC.

Median Home Price

Charlotte, NC: $351,500 · Morrisville, NC: $481,800

Median home price in Morrisville, NC is $130,300 higher than in Charlotte, NC.

Median Household Income

Charlotte, NC: $78,438 · Morrisville, NC: $125,404

Morrisville, NC has a higher median household income than Charlotte, NC by $46,966.

Charlotte, NC overview · Morrisville, NC overview · Popular comparisons