Chapel Hill, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 14.5% cheaper than Chapel Hill, North Carolina.

You would need a salary of $42,759 in Banner Elk, North Carolina to maintain the standard of living you have in Chapel Hill, North Carolina.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than Chapel Hill, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% cheaper in Banner Elk
than in Chapel Hill, North Carolina
Chapel Hill, NC vs. Banner Elk, NC
Compared to Chapel Hill, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  14.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  2.9% lower
  Housing (Homeowner)
  32.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  11.6% lower
  Commute
  14.3% lower
  Health
  20.3% higher
  Taxes
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  Childcare
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  Personal
  11.8% lower
Cost of Food
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