Asheboro, NC Cost Of Living
Asheboro's Overall Cost Of Living
Lower Than The National Average
In North Carolina
In America
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 83 which is 0.8x lower than the national index of 100.
Compared to only 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 #491 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Asheboro ranks as the #5,927 most expensive place in the Tar Heel State.
Asheboro Cost Of Living Vs. North Carolina
| Living Expense | Asheboro | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 83 | 95 | 100 | |
| Services | 100 | 102 | 100 | |
| Groceries | 99 | 100 | 100 | |
| Health | 118 | 108 | 100 | |
| Housing | 61 | 87 | 100 | |
| Transportation | 76 | 96 | 100 | |
| Utilities | 94 | 98 | 100 | |
Asheboro, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Asheboro | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $119,700 | $182,100 | $229,800 |
| Median Rent | $685 | $932 | $1,096 |
| Median Income | $37,171 | $56,642 | $64,994 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Detailed Asheboro Services Costs Vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $6.0 | $10.68 |
| Bowling | $24.0 | $14.67 |
Detailed Asheboro Groceries Costs Vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Ground Beef | $3.87 | $4.22 |
| Fried Chicken | $1.12 | $1.39 |
| Milk | $1.74 | $2.05 |
Detailed Asheboro Health Costs Vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Haircut | $11.86 | $18.62 |
| Beauty Salon | $29.33 | $39.05 |
| Toothpaste | $1.89 | $2.34 |
Detailed Asheboro Transportation Costs Vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Potatoes | $3.76 | $3.29 |
| Pizza | $11.32 | $10.62 |
| Beer | $10.41 | $9.38 |
| Optometrist | $145.56 | $108.57 |
| Doctor | $168.89 | $116.17 |
| Dentist | $115.83 | $99.13 |
Detailed Asheboro Utilities Costs Vs. North Carolina
| Item | Asheboro | North Carolina |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $15.62 | $50.07 |
| All Electricity | $158.18 | $167.67 |
| Phone | $179.92 | $175.64 |
Asheboro SnackAbility
/10
Cost Of Living In Cities Around Asheboro
| City | Population | Cost Of Living | Vs. Asheboro |
|---|---|---|---|
| Chapel Hill, NC | 61,912 | 118 | 1.4x |
| Carrboro, NC | 21,254 | 111 | 1.3x |
| Clemmons, NC | 20,574 | 101 | 1.2x |
| Pinehurst, NC | 16,382 | 110 | 1.3x |
| Lewisville, NC | 14,030 | 97 | 1.2x |
| Archdale, NC | 11,738 | 89 | 1.1x |
| Summerfield, NC | 11,283 | 118 | 1.4x |
| Hillsborough, NC | 7,162 | 95 | 1.1x |
| King, NC | 6,980 | 91 | 1.1x |
| Oak Ridge, NC | 6,979 | 117 | 1.4x |
