Cost of Living in Greensboro, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.8
100 = national avg
-9.2 vs national average
Living Wage (1 Adult)
$39,945
per year
Living Wage (Family of 4)
$94,415
per year
Cost Index by Category
Housing112.7
Food84.3
Transportation68.7
Healthcare87.5
Utilities93.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,001
per month
2 Bedroom
$1,314
per month
The overall cost of living index in Greensboro is 90.8, which is 9.2% below the national average. Housing costs are above the national average at an index of 112.7. A single adult needs to earn approximately $39,945 per year to cover basic expenses.