Magnolia, Arkansas vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 44.0% more expensive than Magnolia, Arkansas.

You would need a salary of $86,386 in Banner Elk, North Carolina to maintain the standard of living you have in Magnolia, Arkansas.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Magnolia, Arkansas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
235% more expensive in Banner Elk
than in Magnolia, Arkansas
Magnolia, AR vs. Banner Elk, NC
Compared to Magnolia, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  44.0% 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
  12.1% higher
  Housing (Homeowner)
  128.4% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  6.7% lower
  Commute
  13.3% higher
  Health
  33.0% higher
  Taxes
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  Childcare
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  Personal
  0.1% higher
Cost of Food
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