Cost of Living in Greensboro, NC
Greensboro has a cost of living index of 88 (100 = national average), making it more affordable than the national average. The median household income is $45,873 and the median home price is $230,000.
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Greensboro at a Glance
Population
299,035
Cost of Living Index
88
Median Income
$45,873
Median Home Price
$230,000
Property Tax Rate
1.07%
Sales Tax Rate
6.75%
Rent Index
78
State
North Carolina
Living in Greensboro
Greensboro offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $230,000 is well within reach for many families.
The combined sales tax rate in Greensboro is 6.75%, and the effective property tax rate is 1.07%. Property taxes are close to the national average.