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Route comparison

Raleigh, NC vs Asheville, NC: Cost of Living

Compare the cost of living between Raleigh, NC and Asheville, NC. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Raleigh, NC

NC

Overall RPP (US=100)
98.4
Housing RPP
104.5
Goods RPP
95.8
2-BR median rent
$1,646/mo

North Carolina flat income tax 4.5%.

Asheville, NC

NC

Overall RPP (US=100)
94.8
Housing RPP
83.9
Goods RPP
95.8
2-BR median rent
$1,680/mo

North Carolina flat income tax 4.5%.

Equivalent salary

Asheville, NC is cheaper than Raleigh, NC by about 3.7% (RPP 98.4 to 94.8).

$60,000 in Raleigh, NC

-> $57,805

in Asheville, NC

$100,000 in Raleigh, NC

-> $96,341

in Asheville, NC

$150,000 in Raleigh, NC

-> $144,512

in Asheville, NC

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Migration signal: Raleigh, NC vs Asheville, NC

IRS tax-return migration · 2021-2022

Raleigh, NC

Net people
+12,879
Net rank
#12 of 65
Top origin share
7%
Top destination share
7%

Largest source: Durham County, NC. Largest destination: Durham County, NC.

Asheville, NC

Net people
+3,636
Net rank
#22 of 65
Top origin share
2%
Top destination share
4%

Largest source: Haywood County, NC. Largest destination: Haywood County, NC.

Rent delta: Asheville, NC is $34/mo higher for HUD FY2024 2-BR FMR than Raleigh, NC. Housing RPP moves from 104.5 to 83.9.

Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.

Frequently asked questions

Is Asheville, NC cheaper or more expensive than Raleigh, NC?
Asheville, NC (RPP 94.8) is cheaper than Raleigh, NC (RPP 98.4) by about 3.7%.
What salary do I need in Asheville, NC if I earn $100,000 in Raleigh, NC?
You would need approximately $96,341 in Asheville, NC to maintain the same purchasing power as $100,000 in Raleigh, NC. Formula: $100,000 x (94.8 / 98.4).
Which metro had stronger net migration, Raleigh, NC or Asheville, NC?
For 2021-2022, Raleigh, NC had a net gain of 12,879 people, while Asheville, NC had a net gain of 3,636 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.

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