Morrisville, NC Cost Of Living

The latest cost of living statistics for Morrisville. Includes statistics on rent, mortgages, healthcare, and other costs for Morrisville compared to the state and national averages.

Cost of living in Morrisville, North Carolina

Cost of living in Morrisville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Morrisville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

121 Cost of living index 1.2x higher vs US
#139 Cheapest in North Carolina (of 159)
#4,405 Cheapest in the U.S. (of 6,489)
$480,925 Median home value
$1,858 Median rent
$125,396 Median income
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What is the cost of living in Morrisville, NC?

According to the most recent data on the cost of living, Morrisville has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.

Compared to North Carolina, Morrisville has a cost of living index that's 1.3x higher than North Carolina's index of 95.

The standard of living in Morrisville ranks as #139 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Morrisville ranks as the #20 most expensive place in the Tar Heel State.

For more reading on life in Morrisville, check out:

Morrisville Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Morrisville. Here is how it fares on each of the criteria:

  • The Services index in Morrisville is 98.

  • The Groceries index in Morrisville is 102.

  • The Health index in Morrisville is 172.

  • The Housing index in Morrisville is 100.

  • The Transportation index in Morrisville is 94.

  • The Utilities index in Morrisville is 100.

Living Expense Morrisville North Carolina National Average
Overall 121 95 100
Services 98 98 100
Groceries 102 98 100
Health 172 89 100
Housing 100 100 100
Transportation 94 97 100
Utilities 100 101 100

Morrisville Cost Of Living Compared To North Carolina Averages

Services
Morrisville 98
North Carolina avg 98
Groceries
Morrisville 102
North Carolina avg 98
Health
Morrisville 172
North Carolina avg 89
Housing
Morrisville 100
North Carolina avg 100
Transportation
Morrisville 94
North Carolina avg 97
Utilities
Morrisville 100
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Morrisville, NC Housing Cost Breakdown

$480,925Median Home Value
$1,858Median Rent
$125,396Median Income

Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Morrisville is $480,925.

  • The Median Rent in Morrisville is $1,858.

  • The Median Income in Morrisville is $125,396.

  • The Home Value To Income in Morrisville is 3.8x.

  • The Rent To Monthly Income in Morrisville is 0.18x.

Statistic Morrisville North Carolina United States
Median Home Value $480,925 $336,407 $332,700
Median Rent $1,858 $1,228 $1,413
Median Income $125,396 $72,388 $80,734
Home Value To Income 3.8x 4.6x 4.1x
Rent To Monthly Income 0.18x 0.2x 0.21x

Morrisville, NC Costs By Category

Detailed Morrisville Services costs vs. North Carolina
Item Morrisville North Carolina
Shampoo $1.27 $1.28
Movie $12.67 $12.13
Bowling $20.2 $18
Haircut $26.1 $24.26
Beauty Salon $53.19 $45.56
Detailed Morrisville Groceries costs vs. North Carolina
Item Morrisville North Carolina
Ground Beef $6.13 $5.84
Fried Chicken $1.5 $1.57
Milk $4.61 $4.67
Potatoes $5.05 $4.93
Pizza $10.79 $12.09
Beer $10.35 $10.41
Toothpaste $3.81 $3.7
Detailed Morrisville Health costs vs. North Carolina
Item Morrisville North Carolina
Optometrist $113.17 $125.68
Doctor $146.11 $135.78
Dentist $149.5 $113.29
Detailed Morrisville Transportation costs vs. North Carolina
Item Morrisville North Carolina
Gasoline $3.36 $3.46
Tire Balancing $50.0 $59.92
Detailed Morrisville Utilities costs vs. North Carolina
Item Morrisville North Carolina
All Electricity $191.72 $193.99
Phone $186.28 $192.25

Morrisville SnackAbility

9Overall SnackAbility
Jobs 8.5/10
Housing 9/10
Affordability 8/10
Diversity 10/10
Safety 8/10
Amenities 9/10
Education 9.5/10
Commute 8.5/10

Cost Of Living In Cities Around Morrisville

The cost of living varies in the cities and towns around Morrisville. Here's a quick look at the cost of living in the most populous nearby places:

  • Raleigh, NC has a cost of living index of 116, 1.0x Morrisville.

  • Durham, NC has a cost of living index of 111, 0.9x Morrisville.

  • Cary, NC has a cost of living index of 123, 1.0x Morrisville.

City Population Cost Of Living Vs. Morrisville
Raleigh, NC 481,031 116 1.0x
Durham, NC 291,467 111 0.9x
Cary, NC 179,306 123 1.0x
Apex, NC 70,630 121 1.0x
Chapel Hill, NC 61,607 133 1.1x
Holly Springs, NC 45,248 126 1.0x
Fuquay-Varina, NC 40,485 112 0.9x
Garner, NC 34,473 104 0.9x
Carrboro, NC 21,204 128 1.1x
Knightdale, NC 20,214 107 0.9x