What is a pro or con of living in Banner Elk, North Carolinacompared to Greensboro, North Carolina?

Median Home Cost is 96% more expensive in Banner Elk.

What salary do I need to live in Banner Elk, North Carolina copmared to Greensboro, North Carolina?

A salary of $150,000 in Greensboro, North Carolina should increase to $179,927 in Banner Elk, North Carolina (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

GREENSBORO vs. BANNER ELK
Cost of Living Comparison

Greensboro, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 20.0% more expensive than Greensboro, North Carolina.

You would need a salary of $179,927 in Banner Elk, North Carolina to maintain the standard of living you have in Greensboro, North Carolina.

Comparison highlights

• Overall, Banner Elk, North Carolina is more expensive than Greensboro, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
96% more expensive in Banner Elk
than in Greensboro, North Carolina

Greensboro, NC vs. Banner Elk, NC

Compared to Greensboro, Banner Elk is:

Homeowner

No Child Care, Taxes not Considered

20.0% higher

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

5.3% higher

Housing (Homeowner)

79.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

6.5% lower

Commute

6.0% lower

Health

32.4% higher

Taxes

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Childcare

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Personal

5.0% lower

Cost of Food

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Greensboro, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

Comparison highlights

Greensboro, NC vs. Banner Elk, NC

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