Cost of living in Morrisville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Morrisville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Morrisville is 108, with 100 being the average.
The cost of living index in Morrisville is 1.1x higher than the national average.
Morrisville ranks as the #192 cheapest in Pennsylvania out of 247.
Morrisville ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Morrisville is $215,400.
The median income in Morrisville is $81,028.
According to the most recent data on the cost of living, Morrisville has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Pennsylvania, Morrisville has a cost of living index that's 1.1x higher than Pennsylvania's index of 97.
The standard of living in Morrisville ranks as #192 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Morrisville ranks as the #55 most expensive place in the Keystone State.
For more reading on life in Morrisville, check out:
Six factors go into calculating the cost of living index in Morrisville. Here is how it fairs on each of the criteria:
The Services index in Morrisville is 107.
The Groceries index in Morrisville is 122.
The Health index in Morrisville is 99.
The Housing index in Morrisville is 108.
The Transportation index in Morrisville is 112.
The Utilities index in Morrisville is 112.
Living Expense | Morrisville | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 108 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 122 | 101 | 100 | |
Health | 99 | 97 | 100 | |
Housing | 108 | 85 | 100 | |
Transportation | 112 | 105 | 100 | |
Utilities | 112 | 106 | 100 |
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Morrisville is $215,400.
The Median Rent in Morrisville is $1,024.
The Median Income in Morrisville is $81,028.
The Home Value To Income in Morrisville is 2.7x.
The Rent To Monthly Income in Morrisville is 0.15x.
Statistic | Morrisville | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $215,400 | $197,300 | $244,900 |
Median Rent | $1,024 | $1,013 | $1,163 |
Median Income | $81,028 | $67,587 | $69,021 |
Home Value To Income | 2.7x | 2.9x | 3.5x |
Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Item | Morrisville | Pennsylvania |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Haircut | $19.66 | $18.62 |
Beauty Salon | $60.55 | $39.05 |
Item | Morrisville | Pennsylvania |
---|---|---|
Ground Beef | $4.57 | $4.22 |
Fried Chicken | $1.6 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.66 | $3.29 |
Pizza | $10.67 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.34 | $2.34 |
Item | Morrisville | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Morrisville | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Morrisville | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |