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Greensboro-High Point, NC

Cost of living in Greensboro, North Carolina

Guilford County, NC

Part of the Greensboro Metro Area

Estimated monthly cost
$3,014/mo
for a single person, all categories combined

Population 542,987 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,039 34%
Healthcare $480 16%
Federal tax $462 15%
Groceries $327 11%
Transport $320 11%
Energy $187 6%
State tax $144 5%
Water $55 2%

Rent in Greensboro

Fair Market Rents by bedroom count.

Studio
$999
per month
1 bedroom
$1,039
per month
2 bedroom
$1,150
per month
3 bedroom
$1,463
per month
4 bedroom
$1,646
per month

Source: HUD FMR FY2025

Income and earnings in Greensboro

Annual earnings figures from the Census ACS.

Household income
$66,027
per year
Individual earnings
$38,329
per year
Per capita
$37,845
per year

Source: ACS 2019-2023 5-Year.

Home values in Greensboro

Average values reported by homeowners.

Average home value
$234,900
Annual property tax
$2,075

Source: ACS 2019-2023 5-Year

Energy costs in Greensboro

Estimated monthly electricity and gas costs.

Electricity
$147
per month · 14¢/kWh
Natural gas
$40
per month
Annual total
$2,244
per year

Source: EIA

Healthcare in Greensboro

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
9.0%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Greensboro

State and local tax rates for North Carolina.

State income tax
4.5%
Flat rate
State sales tax
4.8%
Combined sales tax
7.0%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Greensboro

Commute patterns and estimated costs.

Average commute
22.5 min
Drive alone
74.5%
Public transit
1.5%
Work from home
12.1%

Source: ACS

Monthly cost estimates for Greensboro

What it costs to live in Greensboro each month.

Single person
$3,014
per month
  • Rent $1,039
  • Energy $187
  • Water $55
  • Groceries $327
  • Transport $320
  • Healthcare $480
  • Federal tax $462
  • State tax $144
Couple
$4,264
per month
  • Rent $1,150
  • Energy $224
  • Water $65
  • Groceries $542
  • Transport $420
  • Healthcare $864
  • Federal tax $751
  • State tax $248
Family
$6,709
per month
  • Rent $1,463
  • Energy $280
  • Water $75
  • Groceries $822
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $751
  • State tax $248

Frequently asked questions about Greensboro

Common questions about cost of living, rent and salary.

What is the average rent in Greensboro?

In Greensboro, North Carolina, a one-bedroom apartment averages $1,039 per month, a two-bedroom averages $1,150 per month, a three-bedroom averages $1,463 per month, according to HUD Fair Market Rent data.

What is the average salary in Greensboro?

In Greensboro, North Carolina, the average household income is $66,027 per year and individual earnings for full-time workers average $38,329 per year, according to U.S. Census Bureau data.

What is the cost of living in Greensboro?

The estimated cost of living in Greensboro, North Carolina is approximately $3,014 per month for a single person, $4,264 for a couple, $6,709 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Greensboro?

The combined sales tax rate in Greensboro, North Carolina is 7.00%, which includes the North Carolina state rate of 4.75% plus an average local rate of 2.25%.

Is Greensboro an affordable place to live?

Based on the data, a single person in Greensboro, North Carolina would need approximately $3,014 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $66,027 per year ($5,502 per month). Greensboro has a moderate cost of living relative to local earnings.

How much does healthcare cost in Greensboro?

The ACA marketplace benchmark premium in Greensboro, North Carolina is approximately $480 per month for an individual. Approximately 9.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Greensboro?

The average home value in Greensboro, North Carolina is $234,900, with average annual property taxes of $2,075, according to U.S. Census Bureau data.

How does Greensboro compare to other areas?

You can compare Greensboro, North Carolina with any other US county using our comparison tool at /compare. Greensboro is in the Greensboro-High Point, NC metro area.

Other counties in North Carolina

Browse the full list of counties in North Carolina, ranked by cost of living.

See all counties in North Carolina

Compare Greensboro with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources