Boone, NC Cost of Living


15 Reviews



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Boone cost of living score
100.8
More expensive
0.8% higher
than the US average
10.8% higher
than the North Carolina average
Boone, North Carolina gets a BestPlaces Cost of Living score of 100.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.8% higher than the U.S. average and 10.8% higher than the average for North Carolina.

Boone, NC

Housing costs in Boone?
A typical home costs $418,900, which is 23.9% more expensive than the national average of $338,100 and 44.8% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Boone costs $810 per month, which is 43.4% cheaper than the national average of $1,430 and 37.0% cheaper than the state average of $1,110.

Can I afford Boone?
To live comfortably in Boone, North Carolina, a minimum annual income of $80,280 for a family, and $26,400 for a single person is recommended.

What does A.I. say about Boone?
Boone, NC is known for its reasonable cost of living. The median home price in Boone is around $200,000, which is significantly lower than the national average of $231,000. In addition, the median rent in Boone is $886 per month, making it a more affordable option for renters than other nearby cities such as Asheville and Charlotte. The overall cost of goods and services is also relatively low due to the fact that Boone is a small town and businesses are able to keep their prices competitive. This makes Boone an attractive place for people who want to live in a beautiful mountain setting without breaking the bank.
   Cost of living score
     CategoriesBooneNorth CarolinaUnited States
  100.891.0100.0
  99.796.5100
  125.0107.2100.0
  116.683.1100.0
  $418,900$289,300$338,100
  92.2%99.2%100.0%
  56.883.9100.0
  108.989.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Boone
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Not sure where they got the rents from. Maybe not updated as there is nowhere to rent in Boone. Unless a student and they are paying $1000+ for 1 bedroom/bath shared  More

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Over 10 years ago

Boone and the High Country's climate is unique to North Carolina and the Southeast. It's cool summers and snowy winters are much more comparable to places much farther  More

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The area is beautiful - living in the Blue Ridge Mountains is gorgeous. But .. the views don't pay the bills. Housing is overpriced. You are better off living  More

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