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Asheboro, NC vs Gastonia, NC

72
Asheboro
North Carolina
VS
-19.6%
89
Gastonia
North Carolina

There is a significant gap in the cost of living between these two cities. Asheboro is 19.6% cheaper than Gastonia. With a cost index of 72 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Asheboro to Gastonia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Asheboro is $855/month compared to $1,145/month in Gastonia — a 25% difference. Home values follow the same pattern: Asheboro is more affordable at $162,800 median vs $250,000.

Median household income in Asheboro is $48,628 compared to $60,554 in Gastonia (-19.7%). While Gastonia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Asheboro spend roughly 21.1% of their income on rent, less than the 22.7% in Gastonia.

Income & Cost

Cost of Living Index
Asheboro
72
20% cheaper
Gastonia
89
Median Household Income
Asheboro
$48,628
Gastonia
$60,554
20% higher

Housing

Median Rent
Asheboro
$855
25% cheaper
Gastonia
$1,145
Median Home Value
Asheboro
$162,800
35% cheaper
Gastonia
$250,000
Population
Asheboro
27,353
Gastonia
81,632

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Asheboro $2.97
Gastonia $2.96
US $3.07
🥚
Eggs (grade A, large)
Asheboro $2.42
Gastonia $2.42
US $2.50
🥛
Milk (whole)
Asheboro $3.90
Gastonia $3.89
US $4.03
🍞
Bread (white)
Asheboro $1.79
Gastonia $1.79
US $1.85
🍗
Chicken breast
Asheboro $4.01
Gastonia $4.00
US $4.14
Electricity
Asheboro $0.16
Gastonia $0.16
US $0.19