Cost Of Living In Morrisville, PA

Morrisville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Morrisville	Pennsylvania	National
Cost of living index	114	100	100
Index	Morrisville	Pennsylvania	National
Goods & Services index	108	99	100
Groceries index	116	102	100
Health care index	106	90	100
Housing index	117	93	100
Transportation index	115	109	100
Utilities index	124	115	100

Displayed above is a general overview of the Morrisville, PA cost of living index. The overall cost of living index in Morrisville, PA is 114, which is 14% higher than the Pennsylvania average and 14% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Morrisville, PA are 10% higher than the Pennsylvania average and 8% higher than the national average.

Did you know?

The cost of living in Morrisville is 14% higher than the Pennsylvania average.
The cost of living in Morrisville is 14% higher than the national average.
The cost of housing in Morrisville is 17% higher than the national average.
Pennsylvania general sales tax is 18% higher than the national average.
Pennsylvania state income tax is 38% higher than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Morrisville, PA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Morrisville, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Morrisville, PA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$77,140	$6,428	$1,800	$2,314
Renters	$40,580	$3,382	$947	$1,218

The affordability of the housing market in Morrisville, PA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Morrisville, PA homeowners, the median income is $77,140. This indicates that a monthly maximum of $1,800 should be spent by homeowners on all housing related costs. Renters have a median income of $40,580. This indicates that renters should have a maximum of $947 used for their rent related monthly costs.

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

When considering the overall cost of living expenses in Morrisville, PA, it's important to take into account the sales tax for Pennsylvania, as well as the rate for income tax in Pennsylvania. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Pennsylvania is 8%, and the sales tax in the state of Pennsylvania is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Pennsylvania starts from 3.07% and goes up to 3.07%.

Goods & Services

Item	Morrisville	National avg.	Difference
Haircut	$17.96	$15.56	15.4%
Beauty Salon	$54.38	$36.11	50.6%
Toothpaste	$2.34	$2.47	5.5%
Shampoo	$0.99	$0.96	2.6%
Movie	$11.55	$10.13	14.0%
Bowling	$5.13	$4.74	8.4%

Groceries

Item	Morrisville	National avg.	Difference
Ground Beef	$3.87	$3.98	3.0%
Fried Chicken	$1.68	$1.41	19.2%
Milk	$1.97	$2.06	4.5%
Potatoes	$3.44	$2.98	15.2%
Pizza	$10.38	$9.47	9.6%
Beer	$8.18	$8.79	7.0%

Health Care

Item	Morrisville	National avg.	Difference
Optometrist	$102.70	$101.04	1.6%
Doctor	$124.15	$107.44	15.6%
Dentist	$97.92	$90.42	8.3%
Ibuprofen	$9.59	$9.28	3.3%
Lipitor	$386.87	$426.50	9.3%

Housing

Item	Morrisville	National avg.	Difference
Home Price	$209,200.00	$175,700.00	19.1%
Avg. Mortgage Payment	$1,520.01	$1,133.23	34.1%
Apartment Rent	$1,033.00	$920.00	12.3%

Transportation

Item	Morrisville	National avg.	Difference
Gasoline	$2.23	$1.99	11.9%
Tire Balancing	$55.56	$45.76	21.4%

Utilities

Item	Morrisville	National avg.	Difference
All Electricity	$182.53	$163.81	11.4%
Phone	$40.01	$28.39	40.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Trenton, NJ	84,459	99	-1%
Beverly, NJ	2,573	107	7%
Burlington, NJ	9,865	108	8%
Roebling, NJ	3,861	109	9%
Bristol, PA	9,657	109	9%
Morrisville, PA	8,689	114	14%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Evergreen, CO	8,690	129	29%
Cloverdale, CA	8,692	135	35%
Beckett Ridge, OH	8,693	105	5%
Box Elder, SD	8,683	91	-9%
Liberty, TX	8,696	86	-14%
Morrisville, PA	8,689	114	14%

Source: The Morrisville, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Morrisville, PA Cost of Living