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Monroe, NC vs Murraysville, NC

93
Monroe
North Carolina
VS
-13%
107
Murraysville
North Carolina

Monroe is moderately more affordable than Murraysville, with a 13% lower cost of living index. Monroe scores 93 compared to 107 for Murraysville, where the US average is 100. This difference means residents of Murraysville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Monroe is $1,216/month compared to $1,667/month in Murraysville — a 27% difference. Home values follow the same pattern: Monroe is more affordable at $270,600 median vs $281,600.

Median household income in Monroe is $67,265 compared to $75,720 in Murraysville (-11.2%). The higher salaries in Murraysville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Monroe spend roughly 21.7% of their income on rent, less than the 26.4% in Murraysville.

Income & Cost

Cost of Living Index
Monroe
93
13% cheaper
Murraysville
107
Median Household Income
Monroe
$67,265
Murraysville
$75,720
11% higher

Housing

Median Rent
Monroe
$1,216
27% cheaper
Murraysville
$1,667
Median Home Value
Monroe
$270,600
4% cheaper
Murraysville
$281,600
Population
Monroe
35,596
Murraysville
17,307

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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