Cost of living in Greenville 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 Greenville 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 Greenville is 96, with 100 being the average.
The cost of living index in Greenville is 1.0x lower than the national average.
Greenville ranks as the #71 cheapest in North Carolina out of 157.
Greenville ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Greenville is $234,968.
The median income in Greenville is $50,564.
According to the most recent data on the cost of living, Greenville has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to North Carolina, Greenville has a cost of living index that's 1.0x higher than North Carolina's index of 92.
The standard of living in Greenville ranks as #71 most affordable out of the 157 places we measured in North Carolina. By definition, that implies Greenville ranks as the #86 most expensive place in the Tar Heel State.
For more reading on life in Greenville, check out:
Six factors go into calculating the cost of living index in Greenville. Here is how it fairs on each of the criteria:
The Services index in Greenville is 101.
The Groceries index in Greenville is 99.
The Health index in Greenville is 113.
The Housing index in Greenville is 86.
The Transportation index in Greenville is 91.
The Utilities index in Greenville is 100.
| Living Expense | Greenville | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 96 | 92 | 100 | |
| Services | 101 | 100 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 113 | 106 | 100 | |
| Housing | 86 | 86 | 100 | |
| Transportation | 91 | 93 | 100 | |
| Utilities | 100 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Greenville is $234,968.
The Median Rent in Greenville is $983.
The Median Income in Greenville is $50,564.
The Home Value To Income in Greenville is 4.6x.
The Rent To Monthly Income in Greenville is 0.23x.
| Statistic | Greenville | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $234,968 | $332,681 | $303,400 |
| Median Rent | $983 | $1,162 | $1,348 |
| Median Income | $50,564 | $69,904 | $78,538 |
| Home Value To Income | 4.6x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
| Item | Greenville | North Carolina |
|---|---|---|
| Shampoo | $1.09 | $1.28 |
| Movie | $10.27 | $12.13 |
| Bowling | $11.0 | $18 |
| Haircut | $19.0 | $24.26 |
| Beauty Salon | $29.58 | $45.56 |
| Item | Greenville | North Carolina |
|---|---|---|
| Ground Beef | $5.93 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.18 | $4.93 |
| Pizza | $10.47 | $12.09 |
| Beer | $10.29 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
| Item | Greenville | North Carolina |
|---|---|---|
| Optometrist | $141.56 | $125.68 |
| Doctor | $136.38 | $135.78 |
| Dentist | $100.17 | $113.29 |
| Item | Greenville | North Carolina |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $63.55 | $59.92 |
| Item | Greenville | North Carolina |
|---|---|---|
| All Electricity | $201.14 | $193.99 |
| Phone | $187.32 | $192.25 |
The cost of living varies in the cities and towns around Greenville. Here's a quick look at the cost of living in the most populous nearby places:
Rocky Mount, NC has a cost of living index of 87, 0.9x Greenville.
Wilson, NC has a cost of living index of 95, 1.0x Greenville.
Goldsboro, NC has a cost of living index of 93, 1.0x Greenville.
| City | Population | Cost Of Living | Vs. Greenville |
|---|---|---|---|
| Rocky Mount, NC | 54,175 | 87 | 0.9x |
| Wilson, NC | 47,740 | 95 | 1.0x |
| Goldsboro, NC | 33,448 | 93 | 1.0x |
| New Bern, NC | 31,563 | 96 | 1.0x |
| Kinston, NC | 19,576 | 85 | 0.9x |
| Tarboro, NC | 10,705 | 88 | 0.9x |
| Winterville, NC | 10,624 | 92 | 1.0x |
| Washington, NC | 9,754 | 90 | 0.9x |
| Nashville, NC | 5,672 | 94 | 1.0x |
| Williamston, NC | 5,157 | 84 | 0.9x |