Zip 27405 (Greensboro, NC) Cost of Living


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Greensboro cost of living score
84.2
Less expensive
15.8% lower
than the US average
7.5% lower
than the North Carolina average
Greensboro (zip 27405), North Carolina gets a BestPlaces Cost of Living score of 84.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.8% lower than the U.S. average and 7.5% higher than the average for North Carolina.

Zip 27405 (Greensboro, NC)

Housing costs in Greensboro?
A typical home costs $174,600, which is 48.4% less expensive than the national average of $338,100 and 39.6% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Greensboro costs $970 per month, which is 12.6% cheaper than the national average of $1,110 and 4.1% cheaper than the state average of $1,010.

Can I afford Greensboro?
To live comfortably in Greensboro (zip 27405), North Carolina, a minimum annual income of $33,480 for a family, and $34,400 for a single person is recommended.

What does A.I. say about Greensboro?
The cost of living in 27405 Greensboro, NC is generally quite affordable. Groceries, healthcare, and utilities are all very reasonably priced compared to other parts of the country. Housing costs are also quite low; the median home price in the area is around $150,000, which is significantly lower than the national average. Additionally, transportation costs are kept manageable through public transit options and easy access to major highways and interstates. All in all, living in 27405 Greensboro is a great option for those looking for an affordable place to call home.
   Cost of living score
     CategoriesGreensboroNorth CarolinaUnited States
  84.291.0100.0
  93.996.5100
  93.1107.2100.0
  51.183.1100.0
  $174,600$289,300$338,100
  95.4%99.2%100.0%
  79.083.9100.0
  110.189.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime