๐Ÿ“Š Cost of Living Comparison

Asheville vs Minneapolis

Side-by-side cost of living comparison for 2026

Asheville

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

Minneapolis

Minnesota
106
Above Average
$310,000
Median Home
$1,500/mo
Median Rent
$64,285
Median Income

๐Ÿ’ก The Verdict

Asheville and Minneapolis have very similar costs of living, with less than a 3% difference overall.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
120
Asheville
112
Minneapolis
Groceries
103
Asheville
104
Minneapolis
Utilities
95
Asheville
97
Minneapolis
Transportation
100
Asheville
108
Minneapolis
Healthcare
106
Asheville
105
Minneapolis

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$73,611
$75K in Asheville โ†’ Minneapolis
$76,415
$75K in Minneapolis โ†’ Asheville

See exact take-home pay: North Carolina salaries ยท Minnesota salaries

Living in Asheville vs Minneapolis

Housing is typically the biggest factor in any cost-of-living comparison. Asheville has a housing index of 120 while Minneapolis sits at 112 (national average = 100). The median home in Asheville costs $360,000 compared to $310,000 in Minneapolis, a difference of $50,000. Monthly rent follows a similar pattern: $1,500 in Asheville versus $1,500 in Minneapolis.

Groceries and everyday expenses show a narrower gap: Asheville scores 103 while Minneapolis scores 104. Both cities are close to the national average for grocery costs.

Healthcare costs in Asheville (106) are higher than Minneapolis (105). Both are close to the national average.

Median household income in Asheville is $48,534 compared to $64,285 in Minneapolis. When adjusted for cost of living, purchasing power is similar in both cities.

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