Mooresville, NC vs Wilmington, NC
Wilmington is moderately more affordable than Mooresville, with a 6.3% lower cost of living index. Mooresville scores 108 compared to 102 for Wilmington, where the US average is 100. This difference means residents of Mooresville can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Mooresville is $1,505/month compared to $1,311/month in Wilmington — a 15% difference. Interestingly, home values tell a different story: while Wilmington has cheaper rent, Mooresville actually has lower median home values ($348,500 vs $350,300).
Median household income in Mooresville is $88,592 compared to $63,900 in Wilmington (+38.6%). While Mooresville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mooresville spend roughly 20.4% of their income on rent, less than the 24.6% in Wilmington.
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