A Carlos Tevez penalty for City cancelled out Marouane Fellaini's opener.
The result was Everton's seventh draw in their last nine games but unlike with some of the previous stalemates, Moyes felt the point was ultimately a good one.
He said: "We've been playing well in most of the games and we showed it again against the champions.
"I was pleased with that and then 20 minutes after half-time we knew we would have to weather it.
"Manchester City tend to get better in the second half and they did do.
"It was a good draw for us. We've had some bad draws but that was a good draw."