Cost of Living in Morrisville, NC
Population 30,471 · North Carolina · Data vintage 2023
(100 = US avg)
Morrisville lands reasonably close to national benchmarks on most cost indicators, with a median home value of $482,000 — 58% above the US figure. That makes it a useful reference point for comparing with more extreme markets in North Carolina. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.
Located <5 miles north of Cary, Morrisville falls within that metro's commuting orbit. Median home values run roughly 8% lower than Cary's $525,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Morrisville
The median home value in Morrisville is $481,800 — 58% above the national median of $305,000. Median rent runs $1,785/month, 36% higher than the national median of $1,314/month. The median household income of $125,404/year is 68% higher than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 72.0°F and lows of 50.4°F, with about 5.2" of annual snowfall. Overall, Morrisville has a cost of living index of 149 versus the US average of 100, meaning it is 49% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 52 | 56 | 63 | 73 | 80 | 87 | 91 | 89 | 83 | 73 | 63 | 55 |
| Low °F | 32 | 34 | 40 | 49 | 58 | 66 | 70 | 69 | 63 | 50 | 40 | 34 |
| Precip" | 3.43 | 2.78 | 4.10 | 3.53 | 3.38 | 3.89 | 5.02 | 4.71 | 5.15 | 3.37 | 3.32 | 3.39 |
| Snow" | 2.6 | 1.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.8 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Morrisville, NC?
Morrisville has a cost index of 149 (100 = national average). It is 49% above the national average.
What is average rent in Morrisville, NC?
The median gross rent in Morrisville is $1,785 per month based on 2023 Census data.
What is the average home price in Morrisville?
The median home value in Morrisville is $481,800 according to Zillow and Census data.
What is the median income in Morrisville?
The median household income in Morrisville is $125,404 per year (2023 ACS 5-year estimates).
What is the sales tax in Morrisville, NC?
The combined state and local sales tax rate in Morrisville is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Morrisville, NC affordable?
Morrisville is above average in cost of living, with an index of 149 — about 49% higher than the national average.
What is the weather like in Morrisville?
Morrisville has average high temperatures of 72.0°F and average lows of 50.4°F. Annual precipitation is 46.1". Average annual snowfall is 5.2". Data from NOAA 1991–2020 Climate Normals.
Morrisville at a Glance
- Population
- 30,471
- Median Income
- $125,404
- Home Value
- $481,800
- Median Rent
- $1,785/mo
- Unemployment
- 3.0%
- Avg High Temp
- 72.0°F
- Sales Tax
- 7.0%
Explore county-level cost of living data
North Carolina Rankings
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