According to the most recent data on the cost of living, Morganton has an overall cost of living index of 95 which is 0.9x lower than the national index of 100.
Compared to only North Carolina, Morganton has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Morganton ranks as #2,449 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Morganton ranks as the #3,969 most expensive place in the Tar Heel State.
|Living Expense||Morganton||North Carolina||National Average|
Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Morganton||Asheville, NC||92,328||106||1.1x||Hickory, NC||41,067||97||1.0x||Cornelius, NC||29,836||113||1.2x||Boone, NC||19,466||104||1.1x||Mount Holly, NC||15,947||96||1.0x||Lincolnton, NC||11,099||91||1.0x||St. Stephens, NC||9,298||88||0.9x||Lake Norman of Catawba, NC||8,701||112||1.2x||Conover, NC||8,488||91||1.0x||Black Mountain, NC||8,177||101||1.1x|