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

The cost of living in Banner Elk, North Carolina is 9.7% cheaper than Wake Forest, North Carolina.

You would need a salary of $67,707 in Banner Elk, North Carolina to maintain the standard of living you have in Wake Forest, North Carolina.
Comparison highlights
• Overall, Banner Elk, North Carolina is cheaper than Wake Forest, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
6% cheaper in Banner Elk
than in Wake Forest, North Carolina
Wake Forest, NC vs Banner Elk, NC
Compared to Wake Forest, Banner Elk is:
  Homeowner
      No Child Care, Taxes not Considered
  9.7% 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
  0.8% lower
  Housing (Homeowner)
  17.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.8% lower
  Commute
  26.4% lower
  Health
  30.1% higher
  Taxes
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  Childcare
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  Personal
  3.7% lower
Cost of Food
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