What is a pro or con of living in Banner Elk, North Carolinacompared to Oakhurst, New Jersey?

Median Home Cost is 14% cheaper in Banner Elk.

What salary do I need to live in Banner Elk, North Carolina copmared to Oakhurst, New Jersey?

A salary of $50,000 in Oakhurst, New Jersey could decrease to $39,617 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.

OAKHURST vs. BANNER ELK
Cost of Living Comparison

Oakhurst, New Jersey vs. Banner Elk, North Carolina

Cost of Living Comparison

The cost of living in Banner Elk, North Carolina is 20.8% cheaper than Oakhurst, New Jersey.

You would need a salary of $39,617 in Banner Elk, North Carolina to maintain the standard of living you have in Oakhurst, New Jersey.

Comparison highlights

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

Median Home Cost
14% cheaper in Banner Elk
than in Oakhurst, New Jersey

Oakhurst, NJ vs. Banner Elk, NC

Compared to Oakhurst, Banner Elk is:

Homeowner

No Child Care, Taxes not Considered

20.8% 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

5.7% lower

Housing (Homeowner)

36.8% lower

Housing (Rent)

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Median Home Cost

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Utilities

13.0% lower

Commute

32.1% lower

Health

25.4% higher

Taxes

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Childcare

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Personal

16.1% lower

Cost of Food

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Oakhurst, New Jersey vs. Banner Elk, North Carolina

Cost of Living Comparison

Comparison highlights

Oakhurst, NJ vs. Banner Elk, NC

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