Deciding if and when to move is not an easy feat. If you’re Moving to Asheville, NC and are concerned about what constitutes a livable salary in this town, you’re not alone. We’ve compiled a list of everything you need to know regarding living expenses and average salaries in Asheville.
We’ll give it straight to you, there’s no right answer. The definition of a livable salary varies from person to person. Given different living conditions and lifestyles, a livable salary will sound different for everyone.
However, if we were to give a ballpark figure, anything above the average salary is good enough to live comfortably. Which means anything above roughly $50,000 yearly, and you’re golden. Let’s break down some important points to consider.
Financial Questions to Ask When Moving to Asheville, NC
Asheville’s known for being that beautiful town nestled in the mountains and rightfully so. But apart from its charming allure, it also happens to be an amazing place to reside. However, the expenses of living there may be a concern for you. Don’t worry! Here are important financial questions you need to ask before Asheville, NC Moving Services.
- What is the living cost in Asheville?
- What is the average income in Asheville?
- How expensive is it to raise a family in Asheville?
- What are the employment prospects here?
- What additional benefits should be considered?
Let’s dive into some details.
1-What is the Living Cost in Asheville?
Unfortunately, when it comes to the living cost, Asheville ranks slightly higher than the national average. One reason for this is since Asheville boasts scenic views and a safe environment, it’s only natural that many jump at the chance of calling this town home. With lower inventories and higher demand, prices have understandably risen.
If we look at the housing costs alone, these take up a significant portion of your budget. You can expect to pay roughly $270,000 for a home, while rent prices for one-bedroom apartments are sitting at around $1,000 per month.
2-What is the Average Income in Asheville?
Quite opposite to the living costs, the average income in Asheville isn’t at par with the national average. It’s slightly lower, sitting at around $50,000 yearly, however, it is worth noting that this is an estimate. It’s also important to remember that this figure does not represent how much it would require to live comfortably.
3-How Expensive is it to Raise a Family in Asheville?
If you’re Moving to Asheville, NC and are looking to bring your family along, here’s a heads up: raising a family can be expensive. We’re looking at education costs, healthcare and childcare expenses, groceries, rent and utilities and more. Private school tuition alone comes close to approximately $15,000 a year.
4-What are the Employment Prospects Here?
We may have started off at a rough patch, but here’s the silver lining: the job market in Asheville is endless. Whether you’ve got a degree in healthcare, business, education, technology, you name it, you can rest assured that industries are booming.
Given Asheville’s allure as a popular tourist destination, you’ll have an edge if you’re in the real estate business, the tourism or hospitality industry.
5-What Additional Benefits Should be Considered?
When Moving to Asheville, NC, or anywhere for that matter, it’s always a good idea to hunt for opportunities that offer additional benefits along with a basic salary package. These benefits can include retirement plans, paid vacations, health insurance and even flexible work schedules. You’ll be pleasantly surprised to know just how many employers in Asheville offer either one of these perks.
What is a Good Salary in Asheville?
So, what is considered as a good salary in Asheville? While there isn’t any exact figure to aim towards, the above mentioned factors serve as great starting points to make a well-informed decision. A livable salary depends entirely on your household size, how many dependents you have, transportation, living arrangements and other miscellaneous expenses. However, it’s safe to assume that anything above the average income; $50,000, is a safe option.
Asheville Area Movers — Your Partners in Relocation
Moving to Asheville, NC can be overwhelming to say the least. Especially if you’re unsure regarding living costs. However, with careful planning and consideration, you can easily hunt for opportunities that align with your expectations and requirements.
Since figuring out expenses is stressful enough, why not hand over the moving process to Asheville Area Movers? Our wealth of experience and team of trained movers ensure a seamless transition into your new home. Don’t hesitate to reach out to us regarding our local and long-distance moving services.