Cost of Living in Asheville, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
121.9
100 = national avg
+21.9 vs national average
Living Wage (1 Adult)
$53,623
per year
Living Wage (Family of 4)
$126,745
per year
Cost Index by Category
Housing164.8
Food101.4
Transportation80.6
Healthcare101.1
Utilities113.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,429
per month
2 Bedroom
$1,567
per month
The overall cost of living index in Asheville is 121.9, which is 21.9% above the national average. Housing costs are above the national average at an index of 164.8. A single adult needs to earn approximately $53,623 per year to cover basic expenses.