Greensboro, NC Cost Of Living

The latest cost of living statistics for Greensboro. Includes statistics on rent, mortgages, healthcare, and other costs for Greensboro compared to the state and national averages.

Cost of living in Greensboro, North Carolina

Cost of living in Greensboro 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 Greensboro 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:

99 Cost of living index 1.0x lower vs US
#79 Cheapest in North Carolina (of 159)
#2,364 Cheapest in the U.S. (of 6,489)
$264,427 Median home value
$1,172 Median rent
$61,515 Median income
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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 99, which is 1.0x lower than the national index of 100.

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

The standard of living in Greensboro ranks as #79 most affordable out of the 159 places we measured in North Carolina. By definition, that implies Greensboro ranks as the #80 most expensive place in the Tar Heel State.

For more reading on life in Greensboro, check out:

Greensboro Cost Of Living Vs. North Carolina

Six factors go into calculating the cost of living index in Greensboro. Here is how it fares on each of the criteria:

  • The Services index in Greensboro is 104.

  • The Groceries index in Greensboro is 103.

  • The Health index in Greensboro is 89.

  • The Housing index in Greensboro is 103.

  • The Transportation index in Greensboro is 102.

  • The Utilities index in Greensboro is 95.

Living Expense Greensboro North Carolina National Average
Overall 99 95 100
Services 104 98 100
Groceries 103 98 100
Health 89 89 100
Housing 103 100 100
Transportation 102 97 100
Utilities 95 101 100

Greensboro Cost Of Living Compared To North Carolina Averages

Services
Greensboro 104
North Carolina avg 98
Groceries
Greensboro 103
North Carolina avg 98
Health
Greensboro 89
North Carolina avg 89
Housing
Greensboro 103
North Carolina avg 100
Transportation
Greensboro 102
North Carolina avg 97
Utilities
Greensboro 95
North Carolina avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around North Carolina, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Greensboro, NC Housing Cost Breakdown

$264,427Median Home Value
$1,172Median Rent
$61,515Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Greensboro is $264,427.

  • The Median Rent in Greensboro is $1,172.

  • The Median Income in Greensboro is $61,515.

  • The Home Value To Income in Greensboro is 4.3x.

  • The Rent To Monthly Income in Greensboro is 0.23x.

Statistic Greensboro North Carolina United States
Median Home Value $264,427 $336,407 $332,700
Median Rent $1,172 $1,228 $1,413
Median Income $61,515 $72,388 $80,734
Home Value To Income 4.3x 4.6x 4.1x
Rent To Monthly Income 0.23x 0.2x 0.21x

Greensboro, NC Costs By Category

Detailed Greensboro Services costs vs. North Carolina
Item Greensboro North Carolina
Shampoo $1.24 $1.28
Movie $12.0 $12.13
Bowling $18.67 $18
Haircut $28.33 $24.26
Beauty Salon $37.66 $45.56
Detailed Greensboro Groceries costs vs. North Carolina
Item Greensboro North Carolina
Ground Beef $6.17 $5.84
Fried Chicken $1.42 $1.57
Milk $4.49 $4.67
Potatoes $5.0 $4.93
Pizza $10.41 $12.09
Beer $10.25 $10.41
Toothpaste $3.67 $3.7
Detailed Greensboro Health costs vs. North Carolina
Item Greensboro North Carolina
Optometrist $146.78 $125.68
Doctor $174.0 $135.78
Dentist $97.67 $113.29
Detailed Greensboro Transportation costs vs. North Carolina
Item Greensboro North Carolina
Gasoline $3.31 $3.46
Tire Balancing $54.55 $59.92
Detailed Greensboro Utilities costs vs. North Carolina
Item Greensboro North Carolina
All Electricity $161.71 $193.99
Phone $186.82 $192.25

Greensboro SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 7/10
Affordability 6/10
Diversity 9.5/10
Safety 3/10
Amenities 9/10
Education 8/10
Commute 8.5/10

Cost Of Living In Cities Around Greensboro

The cost of living varies in the cities and towns around Greensboro. Here's a quick look at the cost of living in the most populous nearby places:

  • High Point, NC has a cost of living index of 96, 1.0x Greensboro.

  • Burlington, NC has a cost of living index of 94, 0.9x Greensboro.

  • Kernersville, NC has a cost of living index of 102, 1.0x Greensboro.

City Population Cost Of Living Vs. Greensboro
High Point, NC 116,245 96 1.0x
Burlington, NC 59,610 94 0.9x
Kernersville, NC 27,830 102 1.0x
Jamestown, ND 15,787 94 0.9x
Archdale, NC 12,087 93 0.9x
Summerfield, NC 11,116 121 1.2x
Elon, NC 11,032 114 1.2x
Gibsonville, NC 9,467 98 1.0x
Oak Ridge, NC 7,744 136 1.4x
Trinity, NC 7,111 92 0.9x