Goldsboro, NC vs Morganton, NC

Goldsboro, NC and Morganton, NC have a very similar cost of living, with only a 1.6% difference in their overall index. Goldsboro scores 75 while Morganton scores 76 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 Goldsboro is $956/month compared to $909/month in Morganton — a 5% difference. Interestingly, home values tell a different story: while Morganton has cheaper rent, Goldsboro actually has lower median home values ($173,700 vs $208,300).

Median household income in Goldsboro is $47,005 compared to $49,434 in Morganton (-4.9%). While Morganton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Goldsboro spend roughly 24.4% of their income on rent, more than the 22.1% in Morganton.