Housing costs in Greensboro?
A typical home costs
$193,100, which is 42.9% less expensive than the national average of
$338,100 and 33.3% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Greensboro costs
$1,020 per month, which is 8.1% cheaper than the national average of
$1,110 and close to the state average of
$1,010.
Can I afford Greensboro?
To live comfortably in Greensboro (zip 27406), North Carolina, a minimum annual income of
$37,080 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Greensboro?
Greensboro, NC is known for its affordable cost of living. The median home value in 27406 Greensboro, North Carolina is $140,700, which is 10% lower than the national average. Utilities are also quite affordable in this area. On average, it costs about $130 a month to keep the lights on and water running at a one bedroom residence. Property taxes are also lower than the national average and sales tax rate is at 6.75%. All together, these factors make Greensboro an attractive place to live for those looking for an affordable cost of living without sacrificing quality of life.