Cost of Living Calculator - Independence, Virginia vs Banner Elk, North Carolina


The cost of living in Banner Elk, North Carolina is 28.0% more expensive than Independence, Virginia.

You would need a salary of $64,000 in Banner Elk, North Carolina to maintain the standard of living you have in Independence, Virginia.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Independence, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
149% more expensive in Banner Elk
than in Independence, Virginia
Independence, VA vs Banner Elk, NC
Compared to Independence, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  28.0% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  7.0% higher
  Housing (Homeowner)
  137.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  7.5% lower
  Commute
  8.6% lower
  Health
  16.3% higher
  Taxes
  Childcare
  Personal
  1.5% higher

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