CostIndexUSA

Asheville, NC vs Lake Charles, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Asheville
96.5
overall index
$1,750/mo rent
More AffordableLA
Lake Charles
85.9
overall index
$1,150/mo rent

Lake Charles 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 Lake Charles. Calculate your salary ↓

Category Breakdown

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

🏠 Housing44.5%
Asheville
93.4
Lake Charles
51.8
🛒 Groceries3.0%
Asheville
96.6
Lake Charles
93.7
🚗 Transportation2.5%
Asheville
103.1
Lake Charles
100.5
🏥 Healthcare2.6%
Asheville
93.3
Lake Charles
90.9
Utilities19.1%
Asheville
88.6
Lake Charles
71.7

Salary Equivalency Calculator

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

$
Equivalent salary in Lake Charles, LA
$71,200
$8,800 less needed in Lake Charles

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×

Lake Charles, LA

Median Home Price
$190,000
Median Monthly Rent
$1,150
Housing Index
51.8
Price-to-Rent Ratio
13.8×

Asheville has 44.5% lower housing costs compared to Lake Charles.

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

Lake Charles, LA

Median Household Income
$65,100
Per Capita Income
$37,100
Unemployment Rate
4%
Population
77,403
Top Industries
EnergyPetrochemicalsHealthcareGamingManufacturing

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)

Lake Charles, LA
4.7×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.