Cost of Living: Morrisville, NC vs Chicago, IL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Morrisville, NC versus $4,227/mo in Chicago, IL. In the model, rent is about 26.01% of gross in Morrisville, NC versus 20.28% in Chicago, IL, so Chicago, IL tends to feel more affordable for rent.

Take-home in Morrisville, NC
$4,254/mo
Income level: below
Take-home in Chicago, IL
$4,227/mo
Income level: above
Rent share (1BR) in Morrisville, NC
26.01%
COLI tier: mid-range
Rent share (1BR) in Chicago, IL
20.28%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

Morrisville, NC: 100 (U.S. = 100) · Chicago, IL: 98.3 (U.S. = 100)

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

Median Rent

Morrisville, NC: $1,696/mo (midpoint of 1BR/2BR) · Chicago, IL: $1,323/mo

Median rent in Morrisville, NC is $373/mo higher than in Chicago, IL.

Median Home Price

Morrisville, NC: $481,800 · Chicago, IL: $147,800

Median home price in Morrisville, NC is $334,000 higher than in Chicago, IL.

Median Household Income

Morrisville, NC: $125,404 · Chicago, IL: $56,815

Morrisville, NC has a higher median household income than Chicago, IL by $68,589.

Morrisville, NC overview · Chicago, IL overview · Popular comparisons