What is the cost of living in Woodfin, NC?
According to the most recent data on the cost of living, Woodfin has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to North Carolina, Woodfin has a cost of living index that's 1.2x higher than North Carolina's index of 95.
The standard of living in Woodfin ranks as #121 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Woodfin ranks as the #38 most expensive place in the Tar Heel State.
For more reading on life in Woodfin, check out:
Woodfin Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Woodfin. Here is how it fares on each of the criteria:
The Services index in Woodfin is 101.
The Groceries index in Woodfin is 100.
The Health index in Woodfin is 135.
The Housing index in Woodfin is 100.
The Transportation index in Woodfin is 98.
The Utilities index in Woodfin is 107.
| Living Expense | Woodfin | North Carolina | National Average |
|---|---|---|---|
| Overall | 112 | 95 | 100 |
| Services | 101 | 98 | 100 |
| Groceries | 100 | 98 | 100 |
| Health | 135 | 89 | 100 |
| Housing | 100 | 100 | 100 |
| Transportation | 98 | 97 | 100 |
| Utilities | 107 | 101 | 100 |
Woodfin 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
Woodfin, 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 Woodfin is $427,001.
The Median Rent in Woodfin is $1,546.
The Median Income in Woodfin is $71,384.
The Home Value To Income in Woodfin is 6.0x.
The Rent To Monthly Income in Woodfin is 0.26x.
| Statistic | Woodfin | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $427,001 | $336,407 | $332,700 |
| Median Rent | $1,546 | $1,228 | $1,413 |
| Median Income | $71,384 | $72,388 | $80,734 |
| Home Value To Income | 6.0x | 4.6x | 4.1x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.21x |
Woodfin, NC Costs By Category
Detailed Woodfin Services costs vs. North Carolina
| Item | Woodfin | 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 Woodfin Groceries costs vs. North Carolina
| Item | Woodfin | 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 Woodfin Health costs vs. North Carolina
| Item | Woodfin | North Carolina |
|---|---|---|
| Optometrist | $155.11 | $125.68 |
| Doctor | $166.73 | $135.78 |
| Dentist | $113.89 | $113.29 |
Detailed Woodfin Transportation costs vs. North Carolina
| Item | Woodfin | North Carolina |
|---|---|---|
| Gasoline | $3.29 | $3.46 |
| Tire Balancing | $49.99 | $59.92 |
Detailed Woodfin Utilities costs vs. North Carolina
| Item | Woodfin | North Carolina |
|---|---|---|
| All Electricity | $221.84 | $193.99 |
| Phone | $186.82 | $192.25 |
Woodfin SnackAbility
Cost Of Living In Cities Around Woodfin
The cost of living varies in the cities and towns around Woodfin. 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, 1.0x Woodfin.
Hendersonville, NC has a cost of living index of 102, 0.9x Woodfin.
Waynesville, NC has a cost of living index of 98, 0.9x Woodfin.
| City | Population | Cost Of Living | Vs. Woodfin |
|---|---|---|---|
| Asheville, NC | 94,535 | 115 | 1.0x |
| Hendersonville, NC | 15,408 | 102 | 0.9x |
| Waynesville, NC | 10,502 | 98 | 0.9x |
| Black Mountain, NC | 8,513 | 108 | 1.0x |
| Fletcher, NC | 8,098 | 111 | 1.0x |
| Etowah, NC | 7,968 | 106 | 0.9x |
| Brevard, NC | 7,897 | 102 | 0.9x |
| Mills River, NC | 7,281 | 113 | 1.0x |
| Jonesborough, TN | 6,232 | 96 | 0.9x |
| Erwin, TN | 5,988 | 87 | 0.8x |
