Murraysville, NC Cost Of Living
Cost Of Living In Murraysville, NC Summary
Cost of living in Murraysville 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 Murraysville 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:
The cost of living index in Murraysville is 104, with 100 being the average.
The cost of living index in Murraysville is 1.0x higher than the national average.
Murraysville ranks as the #97 cheapest in North Carolina out of 157.
Murraysville ranks as the #3,063 cheapest out of 6,489 in the US.
The median home value in Murraysville is $361,152.
The median income in Murraysville is $75,720.
Table Of Contents
Murraysville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Murraysville, NC?
According to the most recent data on the cost of living, Murraysville has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to North Carolina, Murraysville has a cost of living index that's 1.1x higher than North Carolina's index of 92.
The standard of living in Murraysville ranks as #97 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Murraysville ranks as the #60 most expensive place in the Tar Heel State.
For more reading on life in Murraysville, check out:
In North Carolina
In America
Murraysville Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Murraysville. Here is how it fairs on each of the criteria:
The Services index in Murraysville is 101.
The Groceries index in Murraysville is 97.
The Health index in Murraysville is 113.
The Housing index in Murraysville is 118.
The Transportation index in Murraysville is 94.
The Utilities index in Murraysville is 99.
| Living Expense | Murraysville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 104 | 92 | 100 | |
| Services | 101 | 100 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 113 | 106 | 100 | |
| Housing | 118 | 86 | 100 | |
| Transportation | 94 | 93 | 100 | |
| Utilities | 99 | 95 | 100 | |
Murraysville, NC Housing Cost Breakdown
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 2019-2023. The key points are:
The Median Home Value in Murraysville is $361,152.
The Median Rent in Murraysville is $1,667.
The Median Income in Murraysville is $75,720.
The Home Value To Income in Murraysville is 4.8x.
The Rent To Monthly Income in Murraysville is 0.26x.
| Statistic | Murraysville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $361,152 | $332,681 | $303,400 |
| Median Rent | $1,667 | $1,162 | $1,348 |
| Median Income | $75,720 | $69,904 | $78,538 |
| Home Value To Income | 4.8x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Murraysville, NC Costs By Category
Detailed Murraysville Services Costs Vs. North Carolina
| Item | Murraysville | North Carolina |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $10.27 | $12.13 |
| Bowling | $11.0 | $18 |
| Haircut | $19.0 | $24.26 |
| Beauty Salon | $29.58 | $45.56 |
Detailed Murraysville Groceries Costs Vs. North Carolina
| Item | Murraysville | North Carolina |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.18 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $10.29 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Murraysville Health Costs Vs. North Carolina
| Item | Murraysville | North Carolina |
|---|---|---|
| Optometrist | $141.56 | $125.68 |
| Doctor | $136.38 | $135.78 |
| Dentist | $100.17 | $113.29 |
Detailed Murraysville Transportation Costs Vs. North Carolina
| Item | Murraysville | North Carolina |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $63.55 | $59.92 |
Detailed Murraysville Utilities Costs Vs. North Carolina
| Item | Murraysville | North Carolina |
|---|---|---|
| All Electricity | $201.14 | $193.99 |
| Phone | $187.32 | $192.25 |
Murraysville SnackAbility
/10
Cost Of Living In Cities Around Murraysville
The cost of living varies in the cities and towns around Murraysville. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, NC has a cost of living index of 110, 1.1x Murraysville.
Leland, NC has a cost of living index of 111, 1.1x Murraysville.
Myrtle Grove, NC has a cost of living index of 115, 1.1x Murraysville.
| City | Population | Cost Of Living | Vs. Murraysville |
|---|---|---|---|
| Wilmington, NC | 118,578 | 110 | 1.1x |
| Leland, NC | 26,307 | 111 | 1.1x |
| Myrtle Grove, NC | 12,404 | 115 | 1.1x |
| Kings Grant, NC | 9,061 | 101 | 1.0x |
| Ogden, NC | 8,363 | 120 | 1.2x |
| Porters Neck, NC | 7,102 | 126 | 1.2x |
| Carolina Beach, NC | 6,665 | 122 | 1.2x |
| Silver Lake, NC | 6,242 | 99 | 1.0x |
| Northchase, NC | 5,879 | 102 | 1.0x |
