CostIndexUSA

Asheville, NC vs Elk Grove, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNC
Asheville
96.5
overall index
$1,750/mo rent
CA
Elk Grove
106.7
overall index
$2,200/mo rent

Asheville is moderately cheaper than Elk Grove — 10.6% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $88,500 in Elk Grove. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+39.4%
Asheville
93.4
Elk Grove
130.2
🛒 Groceries+8.9%
Asheville
96.6
Elk Grove
105.2
🚗 Transportation+2.1%
Asheville
103.1
Elk Grove
105.3
🏥 Healthcare+2.1%
Asheville
93.3
Elk Grove
95.3
Utilities+70.8%
Asheville
88.6
Elk Grove
151.3

Salary Equivalency Calculator

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

$
Equivalent salary in Elk Grove, CA
$88,500
$8,500 more needed in Elk Grove

Formula: salary × (106.7 ÷ 96.5) = salary × 1.1057. 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×

Elk Grove, CA

Median Home Price
$566,000
Median Monthly Rent
$2,200
Housing Index
130.2
Price-to-Rent Ratio
21.4×

Elk Grove has 39.4% higher housing costs compared to Asheville.

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

Elk Grove, CA

Median Household Income
$95,000
Per Capita Income
$54,100
Unemployment Rate
5.8%
Population
176,124
Top Industries
HealthcareGovernmentRetailTechnologyEducation

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)

Elk Grove, CA
3.6×income-to-rent ratio

72% 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.