Goldsboro, NC Cost Of Living
Cost Of Living In Goldsboro, NC Summary
Cost of living in Goldsboro research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Goldsboro is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Goldsboro is 88, with 100 being the average.
The cost of living index in Goldsboro is 0.9x lower than the national average.
Goldsboro ranks as the #24 cheapest in North Carolina out of 153.
Goldsboro ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Goldsboro is $135,900.
The median income in Goldsboro is $39,562.
Table Of Contents
Goldsboro's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Goldsboro, NC?
According to the most recent data on the cost of living, Goldsboro has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Goldsboro has a cost of living index that's 0.9x lower than North Carolina's index of 95.
The standard of living in Goldsboro ranks as #24 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Goldsboro ranks as the #129 most expensive place in the Tar Heel State.
For more reading on life in Goldsboro, check out:
- Living In Goldsboro
- Goldsboro Crime Report
- Search Homes For Sale In Goldsboro, NC
In North Carolina
In America
Goldsboro Cost Of Living Vs. North Carolina
Six factors go into calculating the cost of living index in Goldsboro. Here is how it fairs on each of the criteria:
The Services index in Goldsboro is 104.
The Groceries index in Goldsboro is 89.
The Health index in Goldsboro is 106.
The Housing index in Goldsboro is 69.
The Transportation index in Goldsboro is 94.
The Utilities index in Goldsboro is 100.
| Living Expense | Goldsboro | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 88 | 95 | 100 | |
| Services | 104 | 97 | 100 | |
| Groceries | 89 | 98 | 100 | |
| Health | 106 | 108 | 100 | |
| Housing | 69 | 91 | 100 | |
| Transportation | 94 | 92 | 100 | |
| Utilities | 100 | 95 | 100 | |
Goldsboro, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Goldsboro is $135,900.
The Median Rent in Goldsboro is $847.
The Median Income in Goldsboro is $39,562.
The Home Value To Income in Goldsboro is 3.4x.
The Rent To Monthly Income in Goldsboro is 0.26x.
| Statistic | Goldsboro | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $135,900 | $197,500 | $244,900 |
| Median Rent | $847 | $988 | $1,163 |
| Median Income | $39,562 | $60,516 | $69,021 |
| Home Value To Income | 3.4x | 3.3x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Goldsboro, NC Costs By Category
Detailed Goldsboro Services Costs Vs. North Carolina
| Item | Goldsboro | North Carolina |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $10.04 | $10.68 |
| Bowling | $17.13 | $14.67 |
| Haircut | $18.07 | $18.62 |
| Beauty Salon | $48.42 | $39.05 |
Detailed Goldsboro Groceries Costs Vs. North Carolina
| Item | Goldsboro | North Carolina |
|---|---|---|
| Ground Beef | $4.93 | $4.22 |
| Fried Chicken | $0.97 | $1.39 |
| Milk | $1.61 | $2.05 |
| Potatoes | $3.88 | $3.29 |
| Pizza | $11.04 | $10.62 |
| Beer | $9.99 | $9.38 |
| Toothpaste | $2.04 | $2.34 |
Detailed Goldsboro Health Costs Vs. North Carolina
| Item | Goldsboro | North Carolina |
|---|---|---|
| Optometrist | $98.89 | $108.57 |
| Doctor | $145.22 | $116.17 |
| Dentist | $99.0 | $99.13 |
Detailed Goldsboro Transportation Costs Vs. North Carolina
| Item | Goldsboro | North Carolina |
|---|---|---|
| Gasoline | $2.27 | $2.22 |
| Tire Balancing | $37.07 | $50.07 |
Detailed Goldsboro Utilities Costs Vs. North Carolina
| Item | Goldsboro | North Carolina |
|---|---|---|
| All Electricity | $162.8 | $167.67 |
| Phone | $179.92 | $175.64 |
Goldsboro SnackAbility
/10
Cost Of Living In Cities Around Goldsboro
The cost of living varies in the cities and towns around Goldsboro. Here's a quick look at the cost of living in the most populous nearby places:
Raleigh, NC has a cost of living index of 105, 1.2x Goldsboro.
Greenville, NC has a cost of living index of 94, 1.1x Goldsboro.
Fuquay-Varina, NC has a cost of living index of 105, 1.2x Goldsboro.
| City | Population | Cost Of Living | Vs. Goldsboro |
|---|---|---|---|
| Raleigh, NC | 462,219 | 105 | 1.2x |
| Greenville, NC | 87,815 | 94 | 1.1x |
| Fuquay-Varina, NC | 33,135 | 105 | 1.2x |
| Garner, NC | 30,859 | 99 | 1.1x |
| Clayton, NC | 25,486 | 97 | 1.1x |
| Knightdale, NC | 18,614 | 99 | 1.1x |
| Winterville, NC | 10,336 | 97 | 1.1x |
| Wendell, NC | 9,847 | 94 | 1.1x |
| Half Moon, NC | 8,397 | 93 | 1.1x |
| Nashville, NC | 5,626 | 90 | 1.0x |
