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Morganton, NC vs Stokesdale, NC

76
Morganton
North Carolina
VS
-12.2%
86
Stokesdale
North Carolina

Morganton is moderately more affordable than Stokesdale, with a 12.2% lower cost of living index. Morganton scores 76 compared to 86 for Stokesdale, where the US average is 100. This difference means residents of Stokesdale can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Morganton is $909/month compared to $783/month in Stokesdale — a 16% difference. Interestingly, home values tell a different story: while Stokesdale has cheaper rent, Morganton actually has lower median home values ($208,300 vs $368,600).

Median household income in Morganton is $49,434 compared to $135,389 in Stokesdale (-63.5%). While Stokesdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morganton spend roughly 22.1% of their income on rent, more than the 6.9% in Stokesdale.

Income & Cost

Cost of Living Index
Morganton
76
12% cheaper
Stokesdale
86
Median Household Income
Morganton
$49,434
Stokesdale
$135,389
63% higher

Housing

Median Rent
Morganton
$909
Stokesdale
$783
14% cheaper
Median Home Value
Morganton
$208,300
43% cheaper
Stokesdale
$368,600
Population
Morganton
17,541
Stokesdale
5,943

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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