CostIndexUSA

Asheville, NC vs Racine, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNC
Asheville
96.5
overall index
$1,750/mo rent
WI
Racine
96
overall index
$1,325/mo rent

Asheville and Racine have nearly identical costs of living.

Category Breakdown

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

🏠 Housing1.5%
Asheville
93.4
Racine
92
🛒 Groceries2.9%
Asheville
96.6
Racine
93.8
🚗 Transportation+1.3%
Asheville
103.1
Racine
104.4
🏥 Healthcare+1.2%
Asheville
93.3
Racine
94.4
Utilities+1.6%
Asheville
88.6
Racine
90

Salary Equivalency Calculator

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

$
Equivalent salary in Racine, WI
$79,600
$400 less needed in Racine

Formula: salary × (96 ÷ 96.5) = salary × 0.9948. 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×

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

Asheville has 1.5% lower housing costs compared to Racine.

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

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

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)

Racine, WI
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.