Cost of Living in Asheville, NC
2024 data from the Bureau of Economic Analysis
Cost Index
96.5
3.5% below avg
Housing Index
93.4
Median Income
$64,538
Median Rent
$1,121/mo
Cost Breakdown
Overall96.5 (-3.5%)
Housing93.4 (-6.6%)
Goods96.6 (-3.4%)
Utilities88.6 (-11.4%)
Other Services98.2 (-1.8%)
National average = 100
Income & Housing
Median Household Income
$64,538/year
Median Home Value
$295,000
Median Monthly Rent
$1,121/mo
Per Capita Income
$38,084/year
Compare Asheville, NC With
Asheville, NC vs Bangor, MEAsheville, NC vs Cheyenne, WYAsheville, NC vs Winchester, VAAsheville, NC vs Missoula, MTAsheville, NC vs Wilmington, NCAsheville, NC vs Kankakee, ILAsheville, NC vs Nashville, TNAsheville, NC vs Gainesville, FLAsheville, NC vs State College, PAAsheville, NC vs Gainesville, GA
Frequently Asked Questions
Is Asheville, NC expensive to live in?
Asheville, NC has a cost of living index of 96.5, which is 3.5% below the national average.
How much does housing cost in Asheville, NC?
Housing costs in Asheville, NC are indexed at 93.4 compared to the national average of 100. The median monthly rent is $1,121.
What is the average income in Asheville, NC?
The median household income in Asheville, NC is $64,538 per year.
What is the average home price in Asheville, NC?
The median home value in Asheville, NC is $295,000.