CostIndexUSA

Asheville, NC vs Fort Smith, AR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Asheville
96.5
overall index
$1,750/mo rent
More AffordableAR
Fort Smith
85.9
overall index
$1,025/mo rent

Fort Smith is moderately cheaper than Asheville — 11.0% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $71,200 in Fort Smith. Calculate your salary ↓

Category Breakdown

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

🏠 Housing42.8%
Asheville
93.4
Fort Smith
53.4
🛒 Groceries3.1%
Asheville
96.6
Fort Smith
93.6
🚗 Transportation2.9%
Asheville
103.1
Fort Smith
100.1
🏥 Healthcare2.9%
Asheville
93.3
Fort Smith
90.6
Utilities16.7%
Asheville
88.6
Fort Smith
73.8

Salary Equivalency Calculator

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

$
Equivalent salary in Fort Smith, AR
$71,200
$8,800 less needed in Fort Smith

Formula: salary × (85.9 ÷ 96.5) = salary × 0.8902. 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×

Fort Smith, AR

Median Home Price
$195,000
Median Monthly Rent
$1,025
Housing Index
53.4
Price-to-Rent Ratio
15.9×

Asheville has 42.8% lower housing costs compared to Fort Smith.

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

Fort Smith, AR

Median Household Income
$58,600
Per Capita Income
$33,400
Unemployment Rate
3.8%
Population
88,037
Top Industries
ManufacturingHealthcareRetailGovernmentFinance

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)

Fort Smith, AR
4.8×income-to-rent ratio

79% 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.