Greensboro, NC Cost Of Living

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Updated: 2020-03-08
Greensboro's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Greensboro is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Greensboro, NC?

According to the most recent data on the cost of living, Greensboro has an overall cost of living index of 93 which is 0.9x lower than the national index of 100.

Compared to only North Carolina, Greensboro has a cost of living index that's 1.0x lower than North Carolina's index of 95.

The standard of living in Greensboro ranks as #2224 most affordable out of the 6522 places we measured in North Carolina. By definition, that implies Greensboro ranks as the #4182 most expensive place in the Tar Heel State.

Greensboro Cost Of Living Vs. North Carolina

Living Expense Greensboro North Carolina National Average
Overall 93 95 100
Services 101 101 100
Groceries 99 98 100
Health 110 108 100
Housing 81 85 100
Transportation 89 94 100
Utilities 96 98 100
For more reading on cost of living around North Carolina, check out:
Greensboro Cost of Living Vs. NC

Greensboro, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Greensboro North Carolina United States
Median Home Value $152,900 $165,900 $204,900
Median Rent $846 $877 $1,023
Median Income $46,702 $52,413 $60,293
Home Value To Income 3.3x 3.2x 3.4x
Rent To Monthly Income 0.22x 0.2x 0.2x

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Cost Of Living In Cities Around Greensboro

City Population Cost Of Living Vs. Greensboro
High Point, NC 111,035 93 1.0x
Burlington, NC 52,524 90 1.0x
Kernersville, NC 24,088 96 1.0x
Jamestown, ND 15,368 90 1.0x
Archdale, NC 11,538 88 0.9x
Summerfield, NC 11,044 116 1.2x
Elon, NC 11,008 107 1.2x
Gibsonville, NC 7,024 93 1.0x
Oak Ridge, NC 6,829 115 1.2x
Trinity, NC 6,621 88 0.9x

Articles About North Carolina

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