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Cost of Living Comparison 2026

๐Ÿ“ Morristown, TN โ€” ZIP-level rent data ยท COL adjusted from Lexington, KY area

$

Numbers update automatically as you type

You'd spend $1.0K/month more in Charlotte, NC

$150.0K in your current city equals $162.2K in Charlotte, NC

Rent data from HUD ZIP-level estimates ยท COL index from Knoxville, TN area
Overall Cost
โ†‘ 13.6%
More expensive
Monthly Impact
$1,018
Extra cost
Annual Impact
$12.2K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Morristown, TN

Population:32K
Cost Index:100
Median Home:$251K

Charlotte, NC

Population:875K
Cost Index:114
Median Home:$399K

Morristown, TN

The Volunteer State

32K
Population
State Tax
No Income Tax

Located in Tennessee, this city has a population of 32K residents.

๐Ÿ’ก Advantage: Tennessee has no state income tax!

Charlotte, NC

The Tar Heel State

875K
Population
State Tax
Yes
Climate
Humid subtropical

Notable Facts

  • โ€ขMajor banking center
  • โ€ขNASCAR headquarters
  • โ€ขQueen City

Major Industries

FinanceTechnologyEnergyMotorsports

Cost Breakdown by Category

Annual spending: Morristown, TN vs Charlotte, NC

๐Ÿ Housing
โ†‘ 27.7%
Morristown, TN
$1,933
Charlotte, NC
$2,469
Difference
$536
more
๐Ÿ“ฆOther
โ†‘ 13.3%
Morristown, TN
$1,507
Charlotte, NC
$1,707
Difference
$201
more
๐ŸฅHealthcare
โ†‘ 20.8%
Morristown, TN
$528
Charlotte, NC
$638
Difference
$110
more
๐Ÿš—Transportation
โ†‘ 7.7%
Morristown, TN
$1,116
Charlotte, NC
$1,202
Difference
$85.61
more
โšกAll Utilities
โ†‘ 16.6%
Morristown, TN
$445
Charlotte, NC
$519
Difference
$74.01
more
๐Ÿ›’Groceries
โ†‘ 7.6%
Morristown, TN
$919
Charlotte, NC
$989
Difference
$69.98
more

๐Ÿ Rent Comparison

Studio
From$683
To$1,630
โ†‘ $947
1 Bed
From$691
To$1,710
โ†‘ $1,019
2 Bed
From$882
To$1,870
โ†‘ $988
3 Bed
From$1,120
To$2,300
โ†‘ $1,180
Morristown, TNZIP-level data

1BR range: $870โ€“$900/mo

Charlotte, NCZIP-level data

1BR range: $1,340โ€“$2,310/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,449
Monthly in Morristown, TN
$7,525
Monthly in Charlotte, NC
$1,076
Difference

Home Values

Morristown
Charlotte
$251K
Median Value
$399K
โ†‘ +1.7%
YoY Change
โ†“ -1.1%
โ†‘ +50.4%
5-Year Change
โ†‘ +40.8%
$226K - $277K
Price Range
$293K - $1.57M

Homes in Charlotte are 59% more expensive than Morristown

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†“ $7.1K
More taxes
Monthly Difference
$594
Less take-home
Effective Rate Diff
4.7%
Rate difference

Morristown, TN

Federal Income Tax
Effective: 18.9%
$25.5K
Tennessee State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Charlotte, NC

Federal Income Tax
Effective: 18.9%
$25.5K
North Carolina State Tax
Effective: 4.8%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,822/month
$105.9K

Additional Tax Information

Morristown, TN Tax Rates

Sales Tax:9.5%
Property Tax:0.7%

Charlotte, NC Tax Rates

Sales Tax:7.1%
Property Tax:0.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Morristown
Charlotte
41 Good
Air Quality
51 Moderate
79.2%
Good Air Days
46.2%
92 Moderate
Climate Risk
97 High
๐ŸŒช๐Ÿ’จ
Top Hazards
๐ŸŒŠ๐ŸŒช๐Ÿ’จ
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
21 days
Heat Days >95ยฐF
36 days
โ–ฒ+3.0ยฐF
2050 Outlook
โ–ฒ+2.9ยฐF
21 days
Heat Days >95ยฐF
36 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Tennessee and North Carolina on TaxTakeHome.com

Similar cost to Charlotte, NC

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