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Cherryville, NC vs Murraysville, NC

79
Cherryville
North Carolina
VS
-26.2%
107
Murraysville
North Carolina

There is a significant gap in the cost of living between these two cities. Cherryville is 26.2% cheaper than Murraysville. With a cost index of 79 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cherryville to Murraysville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cherryville is $948/month compared to $1,667/month in Murraysville — a 43% difference. Home values follow the same pattern: Cherryville is more affordable at $198,000 median vs $281,600.

Median household income in Cherryville is $58,701 compared to $75,720 in Murraysville (-22.5%). The higher salaries in Murraysville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cherryville spend roughly 19.4% of their income on rent, less than the 26.4% in Murraysville.

Income & Cost

Cost of Living Index
Cherryville
79
26% cheaper
Murraysville
107
Median Household Income
Cherryville
$58,701
Murraysville
$75,720
22% higher

Housing

Median Rent
Cherryville
$948
43% cheaper
Murraysville
$1,667
Median Home Value
Cherryville
$198,000
30% cheaper
Murraysville
$281,600
Population
Cherryville
6,154
Murraysville
17,307

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cherryville $2.96
Murraysville $2.97
US $3.07
🥚
Eggs (grade A, large)
Cherryville $2.42
Murraysville $2.42
US $2.50
🥛
Milk (whole)
Cherryville $3.89
Murraysville $3.90
US $4.03
🍞
Bread (white)
Cherryville $1.79
Murraysville $1.79
US $1.85
🍗
Chicken breast
Cherryville $4.00
Murraysville $4.01
US $4.14
Electricity
Cherryville $0.16
Murraysville $0.16
US $0.19