CostIndexUSA

Asheville, NC vs Springfield, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Asheville
96.5
overall index
$1,750/mo rent
More AffordableIL
Springfield
92.7
overall index
$1,150/mo rent

Springfield is slightly cheaper than Asheville — 3.9% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $76,800 in Springfield. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.3%
Asheville
93.4
Springfield
71.6
🛒 Groceries3.1%
Asheville
96.6
Springfield
93.6
🚗 Transportation+1.5%
Asheville
103.1
Springfield
104.6
🏥 Healthcare+1.4%
Asheville
93.3
Springfield
94.6
Utilities+2.0%
Asheville
88.6
Springfield
90.4

Salary Equivalency Calculator

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

$
Equivalent salary in Springfield, IL
$76,800
$3,200 less needed in Springfield

Formula: salary × (92.7 ÷ 96.5) = salary × 0.9606. 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×

Springfield, IL

Median Home Price
$188,000
Median Monthly Rent
$1,150
Housing Index
71.6
Price-to-Rent Ratio
13.6×

Asheville has 23.3% lower housing costs compared to Springfield.

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

Springfield, IL

Median Household Income
$72,200
Per Capita Income
$41,200
Unemployment Rate
4.4%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

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)

Springfield, IL
5.2×income-to-rent ratio

81% 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.