Cost of Living in Greensboro, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
102.0
100 = national avg
+2.0 vs national average
Living Wage (1 Adult)
$44,893
per year
Living Wage (Family of 4)
$106,111
per year
Cost Index by Category
Housing118.1
Food95.0
Transportation88.4
Healthcare96.0
Utilities100.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,213
per month
2 Bedroom
$1,330
per month
The overall cost of living index in Greensboro is 102.0, which is 2.0% above the national average. Housing costs are above the national average at an index of 118.1. A single adult needs to earn approximately $44,893 per year to cover basic expenses.