City Comparison

Asheville vs Gresham

Cost of Living Comparison · 2026

Asheville

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

Gresham

Oregon
128
Expensive
$459,000
Median Home
$1,450/mo
Median Rent
$69,600
Median Income

The Verdict

15.6%

Living in Asheville costs 15.6% less than Gresham. To match the purchasing power of a $75,000 salary in Asheville, you would need $88,889 in Gresham.

Category-by-Category Breakdown

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

Housing
120
Asheville
172
Gresham
Groceries
103
Asheville
101
Gresham
Utilities
95
Asheville
96
Gresham
Transportation
100
Asheville
126
Gresham
Healthcare
106
Asheville
103
Gresham

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $88,889 in Gresham.

Conversely, $75,000 in Gresham equals $63,281 in Asheville.

Living in Asheville vs Gresham

Housing Costs

Asheville's housing index of 120 is lower Gresham's 172, translating to median home prices of $360,000 vs $459,000. The $99,000 difference in home prices means roughly $6,432 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,450/mo in Gresham, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 101 in Gresham. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $480/month in Gresham. 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 96 in Gresham. Monthly utility bills average approximately $380 in Asheville vs $384 in Gresham. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Asheville and 103 in Gresham. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,534 in Asheville and $69,600 in Gresham. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $54,375 respectively. Gresham 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 $1,624/month in Gresham. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Gresham, median rent of $1,450/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 52 index points — focus your budget analysis there.

Frequently Asked Questions

Asheville is 15.6% more affordable overall with an index of 108 vs 128.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $88,889 in Gresham, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Gresham's is 172 with median homes at $459,000.

Moving & Relocation Resources

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