Black Mountain, NC Cost Of Living
Cost Of Living In Black Mountain, NC Summary
Cost of living in Black Mountain 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 Black Mountain 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:
The cost of living index in Black Mountain is 109, with 100 being the average.
The cost of living index in Black Mountain is 1.1x higher than the national average.
Black Mountain ranks as the #110 cheapest in North Carolina out of 157.
Black Mountain ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Black Mountain is $468,617.
The median income in Black Mountain is $70,041.
Table Of Contents
Black Mountain's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Black Mountain, NC?
According to the most recent data on the cost of living, Black Mountain has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Black Mountain has a cost of living index that's 1.2x higher than North Carolina's index of 92.
The standard of living in Black Mountain ranks as #110 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Black Mountain ranks as the #47 most expensive place in the Tar Heel State.
For more reading on life in Black Mountain, check out:
In North Carolina
In America
Black Mountain Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Black Mountain. Here is how it fairs on each of the criteria:
The Services index in Black Mountain is 100.
The Groceries index in Black Mountain is 97.
The Health index in Black Mountain is 110.
The Housing index in Black Mountain is 129.
The Transportation index in Black Mountain is 94.
The Utilities index in Black Mountain is 107.
| Living Expense | Black Mountain | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 109 | 92 | 100 | |
| Services | 100 | 100 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 110 | 106 | 100 | |
| Housing | 129 | 86 | 100 | |
| Transportation | 94 | 93 | 100 | |
| Utilities | 107 | 95 | 100 | |
Black Mountain, 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 2019-2023. The key points are:
The Median Home Value in Black Mountain is $468,617.
The Median Rent in Black Mountain is $1,334.
The Median Income in Black Mountain is $70,041.
The Home Value To Income in Black Mountain is 6.7x.
The Rent To Monthly Income in Black Mountain is 0.23x.
| Statistic | Black Mountain | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $468,617 | $332,681 | $303,400 |
| Median Rent | $1,334 | $1,162 | $1,348 |
| Median Income | $70,041 | $69,904 | $78,538 |
| Home Value To Income | 6.7x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Median Home Value
Median Rent
Median Income
Black Mountain, NC Costs By Category
Detailed Black Mountain Services Costs Vs. North Carolina
| Item | Black Mountain | 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 Black Mountain Groceries Costs Vs. North Carolina
| Item | Black Mountain | 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 Black Mountain Health Costs Vs. North Carolina
| Item | Black Mountain | North Carolina |
|---|---|---|
| Optometrist | $155.11 | $125.68 |
| Doctor | $166.73 | $135.78 |
| Dentist | $113.89 | $113.29 |
Detailed Black Mountain Transportation Costs Vs. North Carolina
| Item | Black Mountain | North Carolina |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $49.99 | $59.92 |
Detailed Black Mountain Utilities Costs Vs. North Carolina
| Item | Black Mountain | North Carolina |
|---|---|---|
| All Electricity | $221.84 | $193.99 |
| Phone | $186.82 | $192.25 |
Black Mountain SnackAbility
/10
Cost Of Living In Cities Around Black Mountain
The cost of living varies in the cities and towns around Black Mountain. Here's a quick look at the cost of living in the most populous nearby places:
Asheville, NC has a cost of living index of 115, 1.1x Black Mountain.
Taylors, SC has a cost of living index of 98, 0.9x Black Mountain.
Hendersonville, NC has a cost of living index of 100, 0.9x Black Mountain.
| City | Population | Cost Of Living | Vs. Black Mountain |
|---|---|---|---|
| Asheville, NC | 94,369 | 115 | 1.1x |
| Taylors, SC | 23,686 | 98 | 0.9x |
| Hendersonville, NC | 15,253 | 100 | 0.9x |
| Boiling Springs, SC | 12,609 | 93 | 0.9x |
| Waynesville, NC | 10,408 | 96 | 0.9x |
| Fletcher, NC | 8,022 | 108 | 1.0x |
| Woodfin, NC | 7,957 | 110 | 1.0x |
| Brevard, NC | 7,795 | 101 | 0.9x |
| Etowah, NC | 7,765 | 103 | 0.9x |
| Mills River, NC | 7,214 | 110 | 1.0x |
