City Comparison

Asheville vs Great Falls

Cost of Living Comparison · 2026

Asheville

North Carolina
108
Above Average
$360,000
Median Home
$1,500/mo
Median Rent
$48,534
Median Income

Great Falls

Montana
88
Below Average
$325,000
Median Home
$1,050/mo
Median Rent
$55,800
Median Income

The Verdict

22.7%

Living in Great Falls costs 22.7% less than Asheville. To match the purchasing power of a $75,000 salary in Asheville, you would need $61,111 in Great Falls.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
120
Asheville
82
Great Falls
Groceries
103
Asheville
99
Great Falls
Utilities
95
Asheville
90
Great Falls
Transportation
100
Asheville
95
Great Falls
Healthcare
106
Asheville
92
Great Falls

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $61,111 in Great Falls.

Conversely, $75,000 in Great Falls equals $92,045 in Asheville.

Living in Asheville vs Great Falls

Housing Costs

Asheville's housing index of 120 is higher Great Falls's 82, translating to median home prices of $360,000 vs $325,000. The $35,000 difference in home prices means roughly $2,280 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,050/mo in Great Falls, a monthly difference of $450.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 99 in Great Falls. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $470/month in Great Falls. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Asheville and 90 in Great Falls. Monthly utility bills average approximately $380 in Asheville vs $360 in Great Falls. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Asheville and 92 in Great Falls. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $48,534 in Asheville and $55,800 in Great Falls. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $63,409 respectively. Great Falls residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Asheville vs $1,302/month in Great Falls. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Great Falls, median rent of $1,050/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 38 index points — focus your budget analysis there.

Frequently Asked Questions

Great Falls is 22.7% more affordable overall with an index of 88 vs 108.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $61,111 in Great Falls, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Great Falls's is 82 with median homes at $325,000.

Moving & Relocation Resources

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