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

Median Home Cost is 88% more expensive in Banner Elk.

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

A salary of $50,000 in Bethania, North Carolina should increase to $58,216 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.

Comparison

Food

Housing

Utilities

Commute

Health

Taxes

Childcare

Personal

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BETHANIA vs. BANNER ELK
Cost of Living Comparison

Bethania, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 16.4% more expensive than Bethania, North Carolina.

You would need a salary of $58,216 in Banner Elk, North Carolina to maintain the standard of living you have in Bethania, North Carolina.

Comparison highlights

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

Median Home Cost
88% more expensive in Banner Elk
than in Bethania, North Carolina

Bethania, NC vs. Banner Elk, NC

Compared to Bethania, Banner Elk is:

Homeowner

No Child Care, Taxes not Considered

16.4% 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

4.8% higher

Housing (Homeowner)

64.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

8.0% lower

Commute

10.4% lower

Health

27.9% higher

Taxes

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Childcare

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Personal

1.6% lower

Cost of Food

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Bethania, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

Comparison highlights

Bethania, NC vs. Banner Elk, NC

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