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Cost of Living Calculator - Houghton, Michigan vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 15.5% more expensive than Houghton, Michigan.

You would need a salary of $86,613 in Banner Elk, North Carolina to maintain the standard of living you have in Houghton, Michigan.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Houghton, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
161% more expensive in Banner Elk
than in Houghton, Michigan
Houghton, MI vs Banner Elk, NC
Compared to Houghton, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  15.5% 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
  7.9% higher
  Housing (Homeowner)
  60.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  26.3% lower
  Commute
  9.2% lower
  Health
  2.0% higher
  Taxes
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  Childcare
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  Personal
  1.4% higher
Cost of Food
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