Asheville, NC Cost Of Living

The latest cost of living statistics for Asheville. Includes statistics on rent, mortgages, healthcare, and other costs for Asheville compared to the state and national averages.

Cost of living in Asheville, North Carolina

Cost of living in Asheville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Asheville is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

115 Cost of living index 1.1x higher vs US
#130 Cheapest in North Carolina (of 159)
#3,989 Cheapest in the U.S. (of 6,489)
$460,993 Median home value
$1,402 Median rent
$71,102 Median income
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What is the cost of living in Asheville, NC?

According to the most recent data on the cost of living, Asheville has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.

Compared to North Carolina, Asheville has a cost of living index that's 1.2x higher than North Carolina's index of 95.

The standard of living in Asheville ranks as #130 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Asheville ranks as the #29 most expensive place in the Tar Heel State.

For more reading on life in Asheville, check out:

Asheville Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Asheville. Here is how it fares on each of the criteria:

  • The Services index in Asheville is 102.

  • The Groceries index in Asheville is 97.

  • The Health index in Asheville is 146.

  • The Housing index in Asheville is 102.

  • The Transportation index in Asheville is 98.

  • The Utilities index in Asheville is 104.

Living Expense Asheville North Carolina National Average
Overall 115 95 100
Services 102 98 100
Groceries 97 98 100
Health 146 89 100
Housing 102 100 100
Transportation 98 97 100
Utilities 104 101 100

Asheville Cost Of Living Compared To North Carolina Averages

Services
Asheville 102
North Carolina avg 98
Groceries
Asheville 97
North Carolina avg 98
Health
Asheville 146
North Carolina avg 89
Housing
Asheville 102
North Carolina avg 100
Transportation
Asheville 98
North Carolina avg 97
Utilities
Asheville 104
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Asheville, NC Housing Cost Breakdown

$460,993Median Home Value
$1,402Median Rent
$71,102Median Income

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 Asheville is $460,993.

  • The Median Rent in Asheville is $1,402.

  • The Median Income in Asheville is $71,102.

  • The Home Value To Income in Asheville is 6.5x.

  • The Rent To Monthly Income in Asheville is 0.24x.

Statistic Asheville North Carolina United States
Median Home Value $460,993 $336,407 $332,700
Median Rent $1,402 $1,228 $1,413
Median Income $71,102 $72,388 $80,734
Home Value To Income 6.5x 4.6x 4.1x
Rent To Monthly Income 0.24x 0.2x 0.21x

Asheville, NC Costs By Category

Detailed Asheville Services costs vs. North Carolina
Item Asheville North Carolina
Shampoo $1.33 $1.28
Movie $13.07 $12.13
Bowling $15.89 $18
Haircut $28.0 $24.26
Beauty Salon $48.22 $45.56
Detailed Asheville Groceries costs vs. North Carolina
Item Asheville North Carolina
Ground Beef $6.47 $5.84
Fried Chicken $1.46 $1.57
Milk $4.61 $4.67
Potatoes $5.27 $4.93
Pizza $10.44 $12.09
Beer $10.44 $10.41
Toothpaste $3.8 $3.7
Detailed Asheville Health costs vs. North Carolina
Item Asheville North Carolina
Optometrist $155.11 $125.68
Doctor $166.73 $135.78
Dentist $113.89 $113.29
Detailed Asheville Transportation costs vs. North Carolina
Item Asheville North Carolina
Gasoline $3.29 $3.46
Tire Balancing $49.99 $59.92
Detailed Asheville Utilities costs vs. North Carolina
Item Asheville North Carolina
All Electricity $221.84 $193.99
Phone $186.82 $192.25

Asheville SnackAbility

6Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 4/10
Diversity 8/10
Safety 3/10
Amenities 9/10
Education 8.5/10
Commute 9/10

Cost Of Living In Cities Around Asheville

The cost of living varies in the cities and towns around Asheville. Here's a quick look at the cost of living in the most populous nearby places:

  • Hendersonville, NC has a cost of living index of 102, 0.9x Asheville.

  • Black Mountain, NC has a cost of living index of 108, 0.9x Asheville.

  • Fletcher, NC has a cost of living index of 111, 1.0x Asheville.

City Population Cost Of Living Vs. Asheville
Hendersonville, NC 15,408 102 0.9x
Black Mountain, NC 8,513 108 0.9x
Fletcher, NC 8,098 111 1.0x
Woodfin, NC 8,048 112 1.0x
Etowah, NC 7,968 106 0.9x
Mills River, NC 7,281 113 1.0x