CostIndexUSA

Asheville, NC vs Louisville, KY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Asheville
96.5
overall index
$1,750/mo rent
More AffordableKY
Louisville
93.1
overall index
$1,350/mo rent

Louisville is slightly cheaper than Asheville — 3.5% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $77,200 in Louisville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing15.8%
Asheville
93.4
Louisville
78.6
🛒 Groceries≈ Equal
Asheville
96.6
Louisville
96.2
🚗 Transportation1.5%
Asheville
103.1
Louisville
101.6
🏥 Healthcare1.4%
Asheville
93.3
Louisville
92
Utilities15.3%
Asheville
88.6
Louisville
75

Salary Equivalency Calculator

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

$
Equivalent salary in Louisville, KY
$77,200
$2,800 less needed in Louisville

Formula: salary × (93.1 ÷ 96.5) = salary × 0.9648. 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×

Louisville, KY

Median Home Price
$270,000
Median Monthly Rent
$1,350
Housing Index
78.6
Price-to-Rent Ratio
16.7×

Asheville has 15.8% lower housing costs compared to Louisville.

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

Louisville, KY

Median Household Income
$68,900
Per Capita Income
$39,300
Unemployment Rate
4%
Population
633,045
Top Industries
HealthcareManufacturingLogisticsEducationAgriculture

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)

Louisville, KY
4.3×income-to-rent ratio

76% 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.