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Guilford County · North Carolina

Cost of living in Greensboro, NC

Price levels published by the Bureau of Economic Analysis for Greensboro-High Point, NC, with the national average set to 100 — so 108 means things cost 8% more here than the US average.

Quick answer

Living in Greensboro, NC costs 7.1% below the national average — an all-items price level of 92.9. To match the buying power of a $100,000 national-average salary you would need about $92,865 here.

All items
92.9US average = 100
Housing
74.525.5% below the national average
Goods
96.63.4% below the national average
Other services
98.21.8% below the national average

Price level by component

Where the difference actually comes from.

ComponentIndexvs USWhat it covers
Goods96.6-3.4%Groceries, fuel, clothing, durable purchases.
Housing74.5-25.5%Rents and imputed rents — the biggest single swing factor.
Utilities89.1-10.9%Electricity, gas, water and other household energy.
Other services98.2-1.8%Healthcare, dining, repairs, personal services.

What your salary is worth in Greensboro, NC

Enter a salary. We deflate it by the local price level (92.9 where 100 is the US average) and show what you would need to earn here to match the same pay somewhere average.

Real value here
$65,399
Needed to match US average
$56,400
Monthly difference
$-361

What a local paycheck is really worth

Nominal pay is only half the story.

The median household in Greensboro earns $60,733. Deflated by the local price level, that is $65,399 in national-average dollars — the BEA calls this real income, and it is simply income × 100 ÷ 92.9.

Run your own salary through the comparison tool →

Same city, other datasets.

Source: US Bureau of Economic Analysis, Regional Price Parities

2024 BEA Regional Price Parities, published for Greensboro-High Point, NC. Parities are metro-wide, so a single neighbourhood can sit well above or below these figures.