Asheboro, NC vs Washington, NC

Asheboro, NC and Washington, NC have a very similar cost of living, with only a 1.2% difference in their overall index. Asheboro scores 72 while Washington scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Asheboro is $855/month compared to $813/month in Washington — a 5% difference. Interestingly, home values tell a different story: while Washington has cheaper rent, Asheboro actually has lower median home values ($162,800 vs $193,800).

Median household income in Asheboro is $48,628 compared to $41,723 in Washington (+16.5%). Asheboro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Asheboro spend roughly 21.1% of their income on rent, less than the 23.4% in Washington.