Cost of Living: Morrisville, NC vs Phoenix, AZ

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 $4,370/mo in Phoenix, AZ. In the model, rent is about 26.01% of gross in Morrisville, NC versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.

Take-home in Morrisville, NC
$4,254/mo
Income level: below
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Morrisville, NC
26.01%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

Morrisville, NC: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

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

Median Rent

Morrisville, NC: $1,696/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Morrisville, NC is $311/mo higher than in Phoenix, AZ.

Median Home Price

Morrisville, NC: $481,800 · Phoenix, AZ: $381,900

Median home price in Morrisville, NC is $99,900 higher than in Phoenix, AZ.

Median Household Income

Morrisville, NC: $125,404 · Phoenix, AZ: $77,041

Morrisville, NC has a higher median household income than Phoenix, AZ by $48,363.

Morrisville, NC overview · Phoenix, AZ overview · Popular comparisons