Cost of Living in Asheville, NC
Population: 94,369 • 2026 Data
$67,221
Median Household Income
-13% vs national
$1,303
Median Monthly Rent
-3% vs national
$411,000
Median Home Value
+21% vs national
4.0%
Unemployment Rate
Housing in Asheville
The median home value in Asheville, NC is $411,000. Monthly rent for a typical unit averages $1,303, while total monthly housing costs (including utilities and insurance) average $1,317.
Rent-to-income ratio: 23.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Asheville, NC is $67,221. The unemployment rate stands at 4.0%, with a labor force of 50,725 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.