City Comparison

Asheville vs Roanoke

Cost of Living Comparison · 2026

Asheville

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

Roanoke

Virginia
81
Very Affordable
$225,000
Median Home
$1,075/mo
Median Rent
$52,700
Median Income

The Verdict

33.3%

Living in Roanoke costs 33.3% less than Asheville. To match the purchasing power of a $75,000 salary in Asheville, you would need $56,250 in Roanoke.

Category-by-Category Breakdown

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

Housing
120
Asheville
57
Roanoke
Groceries
103
Asheville
97
Roanoke
Utilities
95
Asheville
116
Roanoke
Transportation
100
Asheville
98
Roanoke
Healthcare
106
Asheville
91
Roanoke

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $56,250 in Roanoke.

Conversely, $75,000 in Roanoke equals $100,000 in Asheville.

Living in Asheville vs Roanoke

Housing Costs

Asheville's housing index of 120 is higher Roanoke's 57, translating to median home prices of $360,000 vs $225,000. The $135,000 difference in home prices means roughly $8,772 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,075/mo in Roanoke, a monthly difference of $425.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 97 in Roanoke. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $461/month in Roanoke. Roanoke offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Asheville and 116 in Roanoke. Monthly utility bills average approximately $380 in Asheville vs $464 in Roanoke. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 106 in Asheville and 91 in Roanoke. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-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 $52,700 in Roanoke. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $65,062 respectively. Roanoke 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 $1,230/month in Roanoke. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Roanoke, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 63 index points — focus your budget analysis there.

Frequently Asked Questions

Roanoke is 33.3% more affordable overall with an index of 81 vs 108.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $56,250 in Roanoke, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Roanoke's is 57 with median homes at $225,000.

Moving & Relocation Resources

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