What is the cost of living in Asheboro, NC?
According to the most recent data on the cost of living, Asheboro has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Asheboro has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Asheboro ranks as #5 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Asheboro ranks as the #154 most expensive place in the Tar Heel State.
For more reading on life in Asheboro, check out:
Asheboro Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Asheboro. Here is how it fares on each of the criteria:
The Services index in Asheboro is 100.
The Groceries index in Asheboro is 104.
The Health index in Asheboro is 69.
The Housing index in Asheboro is 98.
The Transportation index in Asheboro is 99.
The Utilities index in Asheboro is 95.
| Living Expense | Asheboro | North Carolina | National Average |
|---|---|---|---|
| Overall | 87 | 95 | 100 |
| Services | 100 | 98 | 100 |
| Groceries | 104 | 98 | 100 |
| Health | 69 | 89 | 100 |
| Housing | 98 | 100 | 100 |
| Transportation | 99 | 97 | 100 |
| Utilities | 95 | 101 | 100 |
Asheboro Cost Of Living Compared To North Carolina Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around North Carolina, check out:
- Most Expensive Cities In North Carolina
- Most Affordable Cities In North Carolina
- Average Rent In North Carolina
Source: Cost-of-living index 2026, normalized to US average = 100
Asheboro, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Asheboro is $240,877.
The Median Rent in Asheboro is $906.
The Median Income in Asheboro is $47,197.
The Home Value To Income in Asheboro is 5.1x.
The Rent To Monthly Income in Asheboro is 0.23x.
| Statistic | Asheboro | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $240,877 | $336,407 | $332,700 |
| Median Rent | $906 | $1,228 | $1,413 |
| Median Income | $47,197 | $72,388 | $80,734 |
| Home Value To Income | 5.1x | 4.6x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Asheboro, NC Costs By Category
Detailed Asheboro Services costs vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Shampoo | $1.27 | $1.28 |
| Movie | $6.22 | $12.13 |
| Bowling | $24.08 | $18 |
| Haircut | $13.43 | $24.26 |
| Beauty Salon | $27.71 | $45.56 |
Detailed Asheboro Groceries costs vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Ground Beef | $5.74 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $13.12 | $12.09 |
| Beer | $10.2 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Asheboro Health costs vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Optometrist | $183.44 | $125.68 |
| Doctor | $194.39 | $135.78 |
| Dentist | $137.94 | $113.29 |
Detailed Asheboro Transportation costs vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Gasoline | $3.44 | $3.46 |
| Tire Balancing | $15.83 | $59.92 |
Detailed Asheboro Utilities costs vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| All Electricity | $183.26 | $193.99 |
| Phone | $186.67 | $192.25 |
Asheboro SnackAbility
Cost Of Living In Cities Around Asheboro
The cost of living varies in the cities and towns around Asheboro. Here's a quick look at the cost of living in the most populous nearby places:
Chapel Hill, NC has a cost of living index of 133, 1.5x Asheboro.
Clemmons, NC has a cost of living index of 108, 1.2x Asheboro.
Carrboro, NC has a cost of living index of 128, 1.5x Asheboro.
| City | Population | Cost Of Living | Vs. Asheboro |
|---|---|---|---|
| Chapel Hill, NC | 61,607 | 133 | 1.5x |
| Clemmons, NC | 21,871 | 108 | 1.2x |
| Carrboro, NC | 21,204 | 128 | 1.5x |
| Pinehurst, NC | 18,256 | 118 | 1.4x |
| Lewisville, NC | 13,828 | 104 | 1.2x |
| Archdale, NC | 12,087 | 93 | 1.1x |
| Summerfield, NC | 11,116 | 121 | 1.4x |
| Hillsborough, NC | 9,724 | 114 | 1.3x |
| Oak Ridge, NC | 7,744 | 136 | 1.6x |
| King, NC | 7,408 | 98 | 1.1x |
