Housing costs in Greensboro?
A typical home costs
$219,800, which is 35.0% less expensive than the national average of
$338,100 and 24.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Greensboro costs
$1,130 per month, which is 1.8% more than the national average of
$1,110 and 10.6% more than the state average of
$1,010.
Can I afford Greensboro?
To live comfortably in Greensboro (zip 27407), North Carolina, a minimum annual income of
$42,120 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Greensboro?
The cost of living in 27407 Greensboro, NC is quite reasonable. Many goods and services are reasonably priced, with the overall cost of living being around 6% lower than the national average. Groceries, housing, health care, utilities, transportation and other services are generally lower than the national average. The median home price in this area is well below the national median which makes it a favorable option for those looking to purchase a home. Overall, the cost of living in 27407 Greensboro is attractive to many people due to its reasonable prices compared to other areas in North Carolina.