Cost of Living: Morrisville, NC vs Raleigh, NC

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 $4,254/mo in Raleigh, NC. In the model, rent is about 26.01% of gross in Morrisville, NC versus 21.39% in Raleigh, NC, so Raleigh, NC tends to feel more affordable for rent.

Take-home in Morrisville, NC
$4,254/mo
Income level: below
Take-home in Raleigh, NC
$4,254/mo
Income level: below
Rent share (1BR) in Morrisville, NC
26.01%
COLI tier: mid-range
Rent share (1BR) in Raleigh, NC
21.39%
COLI tier: mid-range

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

At a glance

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

Cost of Living Index

Morrisville, NC: 100 (U.S. = 100) · Raleigh, NC: 102.6 (U.S. = 100)

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

Median Rent

Morrisville, NC: $1,696/mo (midpoint of 1BR/2BR) · Raleigh, NC: $1,395/mo

Median rent in Morrisville, NC is $301/mo higher than in Raleigh, NC.

Median Home Price

Morrisville, NC: $481,800 · Raleigh, NC: $377,800

Median home price in Morrisville, NC is $104,000 higher than in Raleigh, NC.

Median Household Income

Morrisville, NC: $125,404 · Raleigh, NC: $82,424

Morrisville, NC has a higher median household income than Raleigh, NC by $42,980.

Morrisville, NC overview · Raleigh, NC overview · Popular comparisons