Greensboro

Greensboro, North Carolina is a mid-size city with a population of approximately 302,296. The overall cost of living index sits at 94, which is below the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 6% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Greensboro. Median rent is $1,382 per month, while the median home price is $261,036. At a median household income of $58,884, rent consumes roughly 28% of gross income, which remains manageable relative to local incomes. The housing sub-index of 85 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Greensboro with a sub-index of 97, while utilities is comparatively more affordable at 86. State-level taxes also shape the true cost of living: North Carolina applies a 4.50% income tax rate, and property tax averages 0.70% of assessed home value. The combined sales tax rate is 6.98%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Greensboro has remained relatively stable. Among the 9 tracked cities in North Carolina, Greensboro ranks #2 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Greensboro actually costs.