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Housing
Utilities
Commute
Health
Taxes
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Cost of Living Calculator - Banner Elk, North Carolina vs Franklin, North Carolina

The cost of living in Franklin, North Carolina is 13.5% cheaper than Banner Elk, North Carolina.

You would need a salary of $43,246 in Franklin, North Carolina to maintain the standard of living you have in Banner Elk, North Carolina.
Comparison highlights
• Overall, Franklin, North Carolina is cheaper than Banner Elk, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Franklin
than in Banner Elk, North Carolina
Banner Elk, NC vs Franklin, NC
Compared to Banner Elk, Franklin is:
  Homeowner
      No Child Care, Taxes not Considered
  13.5% 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
  3.8% lower
  Housing (Homeowner)
  38.9% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  14.4% higher
  Commute
  3.7% lower
  Health
  1.1% lower
  Taxes
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  Childcare
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  Personal
  3.9% higher
Cost of Food
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