CostIndexUSA

Asheville, NC vs Chico, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Asheville
96.5
overall index
$1,750/mo rent
CA
Chico
101.2
overall index
$1,575/mo rent

Asheville is slightly cheaper than Chico — 4.9% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $83,900 in Chico. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing1.6%
Asheville
93.4
Chico
91.9
🛒 Groceries+8.9%
Asheville
96.6
Chico
105.2
🚗 Transportation+2.1%
Asheville
103.1
Chico
105.3
🏥 Healthcare+2.1%
Asheville
93.3
Chico
95.3
Utilities+79.2%
Asheville
88.6
Chico
158.8

Salary Equivalency Calculator

Enter your current salary in Asheville to see what you'd need to earn in Chico to maintain the same purchasing power.

$
Equivalent salary in Chico, CA
$83,900
$3,900 more needed in Chico

Formula: salary × (101.2 ÷ 96.5) = salary × 1.0487. Based on BEA Regional Price Parities.

Housing Market

Asheville, NC

Median Home Price
$413,000
Median Monthly Rent
$1,750
Housing Index
93.4
Price-to-Rent Ratio
19.7×

Chico, CA

Median Home Price
$390,000
Median Monthly Rent
$1,575
Housing Index
91.9
Price-to-Rent Ratio
20.6×

Asheville has 1.6% lower housing costs compared to Chico.

Income & Job Market

Asheville, NC

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3.1%
Population
92,452
Top Industries
TourismHealthcareTechnologyArtsManufacturing

Chico, CA

Median Household Income
$63,200
Per Capita Income
$36,000
Unemployment Rate
6.9%
Population
101,475
Top Industries
EducationHealthcareAgricultureManufacturingRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Asheville, NC
3.2×income-to-rent ratio

69% of income left after rent (median)

Chico, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.