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

Median Home Cost is 32% more expensive in Banner Elk.

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

A salary of $50,000 in Knightdale, North Carolina should increase to $51,452 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.

KNIGHTDALE vs. BANNER ELK
Cost of Living Comparison

Knightdale, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 2.9% more expensive than Knightdale, North Carolina.

You would need a salary of $51,452 in Banner Elk, North Carolina to maintain the standard of living you have in Knightdale, North Carolina.

Comparison highlights

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

Median Home Cost
32% more expensive in Banner Elk
than in Knightdale, North Carolina

Knightdale, NC vs. Banner Elk, NC

Compared to Knightdale, Banner Elk is:

Homeowner

No Child Care, Taxes not Considered

2.9% 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

3.7% higher

Housing (Homeowner)

26.2% higher

Housing (Rent)

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Median Home Cost

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Utilities

12.1% lower

Commute

26.8% lower

Health

30.1% higher

Taxes

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Childcare

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Personal

4.0% lower

Cost of Food

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Knightdale, North Carolina vs. Banner Elk, North Carolina

Cost of Living Comparison

Comparison highlights

Knightdale, NC vs. Banner Elk, NC

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