Apex, NC vs Morrisville, NC

Apex, NC and Morrisville, NC have a very similar cost of living, with only a 2.1% difference in their overall index. Apex scores 131 while Morrisville scores 128 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Apex is $1,784/month compared to $1,785/month in Morrisville — a 0% difference. Interestingly, home values tell a different story: while Apex has cheaper rent, Morrisville actually has lower median home values ($481,800 vs $514,800).

Median household income in Apex is $138,442 compared to $125,404 in Morrisville (+10.4%). While Apex is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Apex spend roughly 15.5% of their income on rent, less than the 17.1% in Morrisville.