Down the street or across the globe. Wherever you’re planning to move in the world, Beverly-Hanks & Associates can be of assistance. That’s because we’re a proud member of Leading Real Estate Companies of the World®, the premier international relocation network.
Our affiliation with Leading RE means you receive world-class relocation services while maintaining the personal connections of a locally-owned company. Their detailed Cost of Living Calculator is one of the many tools you can access at your fingertips.
Compare How Much it Costs to Live Anywhere in the United States
Leading RE’s FREE Cost of Living Calculator compares how much it costs to live in any two communities across the United States. Compare schools in Denver and Miami, businesses in Brooklyn and Santa Fe, home values in Asheville and Waynesville, and more—all with the touch of a button.
For the sake of comparison, let’s look at Asheville versus Hendersonville, both in Western North Carolina. Then, let’s see how Asheville matches up to our “keep this place weird” sister city, Austin, Texas. Here are some examples of the information you’ll find:
Compare a $1,000 bundle of goods and services to see where your money goes further.
As you can see, your overall buying power in Asheville and Hendersonville is relatively similar. In fact, goods and services are slightly lower in Asheville: 5% less expensive. In comparison, overall budgets in Austin are more aligned with Asheville than we would have guessed! The buying power meters are only off by a fraction.
Comparison costs between several common household expenditure categories.
The cost index breaks down several of the categories included in a city’s buying power score. These common expenses—including apparel, entertainment, food, health, and transportation—give you a better idea of how your monthly expenses may stack up.
Again, we see that Asheville and Hendersonville are relatively similar, both hovering just above the average mark, with Hendersonville at a slight increase in cost across the board. But Asheville and Austin vary in some key categories. Entertainment, food, and housing look to be almost identical, but healthcare is more affordable in Austin. On the other hand, apparel and especially education are noticeably more expensive.
Examine the demographics of two communities, including the age of residents.
Do you believe that a city’s vitality is related to its residents’…errm…vivacity? Then perhaps you’d be interested to know the ages of local residents before you move. In this example, we can see that Asheville has more college-aged people and young professional than does Hendersonville. However, Austin beats Asheville there, too. Compared to Austin, Asheville looks like a retiree hotspot! It must be our cool mountain air….
Begin Your Cost Comparison Now
There are many more categories available in these helpful Cost of Living Calculator reports. Use the reports to compare communities across Western North Carolina or any two communities in the United States.
Find detailed community descriptions for more than 100 communities across 12 counties in Western North Carolina at beverly-hanks.com/communities.
All real estate is local. In order to make confident real estate decisions, we believe it is important for you to have timely and neighborhood-specific information. If you would like more information about relocating into or out of Western North Carolina, our experts at Beverly-Hanks are here to help. Contact us today to speak with a Beverly-Hanks relocation expert.