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2024 Compare Cities Cost of Living:
Banner Elk, NC vs Hot Springs, NC

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Highlights
Is it cheaper to live in Hot Springs or is it cheaper to live in Banner Elk?
- Hot Springs is 17.4% more expensive than Banner Elk.

Which city has more affordable housing, Hot Springs or Banner Elk?
- Hot Springs housing costs are 44.5% less expensive than Banner Elk housing costs.

Is Health Care more affordable in Banner Elk or is Health Care more affordable in Hot Springs.
- Health related expenses are 0.6% less in Hot Springs.
 Banner Elk, NCHot Springs, NCUnited States
 Overall81.595.7100
 Food & Groceries100.999.4100
 Health123.3122.6100
 Housing116.164.4100
 Median Home Cost$450,700$299,600$338,100
 Utilities8,930.0%10,060.0%10,000.0%
 Transportation70.8101.3100
 Miscellaneous81.887.7100

100 = National Average (Below 100 means cheaper than the US average. Above 100 means more expensive.)
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Reviews for Banner Elk    0 Reviews

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Reviews for Hot Springs    2 Reviews

Over 10 years ago

Been living here in Hot Springs area of NC for the past 15 years.Retired and nice being less than an hour to Asheville without having to put up with the high cost of the  More

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Over 17 years ago

Hot Springs is a small mountain town located on the French Broad River. Living here provides a very calm and peaceful life.We enjoy the warm mineral baths which are  More

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ZIPS IN BANNER ELK, NORTH CAROLINA
28604
ZIPS IN HOT SPRINGS, NORTH CAROLINA
28743

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