Zip 27408 (Greensboro, NC) Cost of Living

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Greensboro cost of living score
Less expensive
15.8% lower
than the US average
7.5% lower
than the North Carolina average
Greensboro (zip 27408), 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 27408 (Greensboro, NC)

Housing costs in Greensboro?
A typical home costs $296,500, which is 12.3% less expensive than the national average of $338,100 and 2.5% more expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Greensboro costs $1,100 per month, which is 0.9% cheaper than the national average of $1,110 and 8.2% more than the state average of $1,010.

Can I afford Greensboro?
To live comfortably in Greensboro (zip 27408), North Carolina, a minimum annual income of $56,880 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Greensboro?
The cost of living in 27408 Greensboro, NC is quite affordable. Housing costs are relatively low compared to many other cities while still offering a variety of options from single-family homes to apartments. Groceries and transportation are also inexpensive, with lots of local options for commuting around the city. In addition, the city has plenty of entertainment, dining, and shopping opportunities that won't break the bank. Overall, the cost of living in 27408 Greensboro is very reasonable and should be accessible for most people on any budget.
   Cost of living score
     CategoriesGreensboroNorth CarolinaUnited States

   100=National Average

   Average Rent by Bedroom Size