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MONROVIA vs. BANNER ELK
Cost of Living Comparison

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Cost of Living Calculator - Monrovia, Maryland vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 20.9% cheaper than Monrovia, Maryland.

You would need a salary of $39,553 in Banner Elk, North Carolina to maintain the standard of living you have in Monrovia, Maryland.

Comparison highlights

• Overall, Banner Elk, North Carolina is cheaper than Monrovia, Maryland
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
23% cheaper in Banner Elk
than in Monrovia, Maryland

Monrovia, MD vs Banner Elk, NC

Compared to Monrovia, Banner Elk is:

Homeowner

No Child Care, Taxes not Considered

20.9% 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

8.7% lower

Housing (Homeowner)

37.4% lower

Housing (Rent)

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Median Home Cost

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Utilities

5.8% lower

Commute

31.7% lower

Health

45.4% higher

Taxes

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Childcare

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Personal

11.4% lower

Cost of Food

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