Comparison
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Housing
Utilities
Commute
Health
Taxes
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Cost of Living Calculator - Morganton, North Carolina vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 17.0% more expensive than Morganton, North Carolina.

You would need a salary of $87,736 in Banner Elk, North Carolina to maintain the standard of living you have in Morganton, North Carolina.
Comparison highlights
• Overall, Banner Elk, North Carolina is more expensive than Morganton, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
108% more expensive in Banner Elk
than in Morganton, North Carolina
Morganton, NC vs Banner Elk, NC
Compared to Morganton, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  17.0% 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
  6.1% higher
  Housing (Homeowner)
  54.3% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  10.0% lower
  Commute
  11.5% lower
  Health
  2.9% lower
  Taxes
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  Childcare
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  Personal
  2.3% lower
Cost of Food
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