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Cost of Living Calculator - New Hope, Pennsylvania vs Banner Elk, North Carolina

The cost of living in Banner Elk, North Carolina is 36.4% cheaper than New Hope, Pennsylvania.

You would need a salary of $47,733 in Banner Elk, North Carolina to maintain the standard of living you have in New Hope, Pennsylvania.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than New Hope, Pennsylvania
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Banner Elk
than in New Hope, Pennsylvania
New Hope, PA vs Banner Elk, NC
Compared to New Hope, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  36.4% 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
  11.6% lower
  Housing (Homeowner)
  50.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  15.3% lower
  Commute
  47.4% lower
  Health
  24.9% higher
  Taxes
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  Childcare
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  Personal
  12.9% lower
Cost of Food
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