Asheville, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 6.1% cheaper than Asheville, North Carolina.

You would need a salary of $70,388 in Banner Elk, North Carolina to maintain the standard of living you have in Asheville, North Carolina.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than Asheville, North Carolina
• Childcare is the biggest factor in the cost of living difference.
Childcare
37% cheaper in Banner Elk
than in Asheville, North Carolina
Asheville, NC vs. Banner Elk, NC
Compared to Asheville, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  6.1% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.1% lower
  Housing (Homeowner)
  9.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  7.7% lower
  Commute
  14.5% lower
  Health
  0.3% higher
  Taxes
  Childcare
  Personal
  7.2% lower