CostByCity

Cost of Living in Greensboro, NC

2024 data from the Bureau of Economic Analysis

Cost Index
92.9
7.1% below avg
Housing Index
74.5
Median Income
$59,567
Median Rent
$985/mo

Cost Breakdown

Overall92.9 (-7.1%)
Housing74.5 (-25.5%)
Goods96.6 (-3.4%)
Utilities89.1 (-10.9%)
Other Services98.2 (-1.8%)

National average = 100

Income & Housing

Median Household Income
$59,567/year
Median Home Value
$188,800
Median Monthly Rent
$985/mo
Per Capita Income
$34,316/year

Compare Greensboro, NC With

Frequently Asked Questions

Is Greensboro, NC expensive to live in?
Greensboro, NC has a cost of living index of 92.9, which is 7.1% below the national average.
How much does housing cost in Greensboro, NC?
Housing costs in Greensboro, NC are indexed at 74.5 compared to the national average of 100. The median monthly rent is $985.
What is the average income in Greensboro, NC?
The median household income in Greensboro, NC is $59,567 per year.
What is the average home price in Greensboro, NC?
The median home value in Greensboro, NC is $188,800.