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Cost of Living: Raleigh, NC vs Greensboro, NC

Wondering how far your dollar stretches in Raleigh compared to Greensboro? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Raleigh cost-of-living index is 105 vs 88 for Greensboro (US = 100). Median home: $380,000 vs $235,000. Median rent: $1,131/mo vs $949/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Greensboro is 16.2% cheaper than Raleigh
COL Index: Raleigh 105 vs Greensboro 88 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Raleigh vs Greensboro — At a Glance

RaleighMetricGreensboroDifference
105Cost of Living Index88-16.2%
$380,000Median Home Price$235,000-38.2%
$1,131Median Monthly Rent$949-16.1%
$75,200Median Household Income$55,800-25.8%
0.8%Property Tax Rate0.8%+0.0%
3.0%Unemployment Rate3.9%+30.0%
25 minAverage Commute23 min-8.0%
35.1Median Age35.2+0.3%
1,540,000Metro Population775,000-49.7%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Raleigh vs Greensboro

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Raleigh

Median Home Price$380,000
Down Payment (20.0%)$76,000
Loan Amount$304,000
Principal & Interest$1,921/mo
Property Tax$250/mo
Insurance$111/mo
Monthly PITI$2,282/mo

Greensboro

Median Home Price$235,000
Down Payment (20.0%)$47,000
Loan Amount$188,000
Principal & Interest$1,188/mo
Property Tax$155/mo
Insurance$69/mo
Monthly PITI$1,412/mo

Rent & Affordability Ratios

Median Monthly Rent$1,131 vs $949 (-$182/mo)
Annual Rent Difference$2,184/yr more in Raleigh
Home Price-to-Income Ratio5.1x (Raleigh) vs 4.2x (Greensboro)
Years to Save 20% Down (15% savings rate)6.7 yrs (Raleigh) vs 5.6 yrs (Greensboro)

Buying a home in Raleigh costs $2,282/month (PITI) compared to $1,412/month in Greensboro — a difference of $870/month or $10,440/year. The price-to-income ratio is 5.1x in Raleigh versus 4.2x in Greensboro, suggesting Greensboro is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 6.7 years to save a down payment in Raleigh compared to 5.6 years in Greensboro.

Tax Comparison: Raleigh vs Greensboro

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryRaleighGreensboro
Gross Income$75,200$55,800
State Income Tax$2,654$1,830
Federal Income Tax$7,993$4,567
FICA (SS + Medicare)$5,752$4,269
Property Tax (on median home)$3,002/yr$1,857/yr
State Sales Tax Rate4.8%4.8%
Total Tax Burden$16,399 (21.8%)$10,666 (19.1%)
Take-Home Pay$58,801$45,134

On median household income, total taxes (federal + state + FICA) come to $16,399 in Raleigh (21.8% effective) versus $10,666 in Greensboro (19.1% effective). After taxes, take-home pay is $58,801 in Raleigh and $45,134 in Greensboro. Property taxes add $3,002/year on the median Raleigh home versus $1,857/year in Greensboro.

Salary Equivalence: What Your Income Is Worth

A $75,200 salary in Raleigh equals
$63,025
in Greensboro
A $55,800 salary in Greensboro equals
$66,580
in Raleigh

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $75,200 in Raleigh (COL 105) and relocate to Greensboro (COL 88), you would need $63,025 to maintain the same purchasing power. This means you can take a pay cut of $12,175 and still maintain your lifestyle in Greensboro.

Quality of Life: Raleigh vs Greensboro

Average Commute
25 min
Raleigh
23 min
Greensboro
2 min longer in Raleigh
Unemployment Rate
3.0%
Raleigh
3.9%
Greensboro
Raleigh lower
Metro Population
1.5M
Raleigh
0.8M
Greensboro
Raleigh is 2.0x larger

Beyond costs, quality of life matters. The average commute in Raleigh is 25 minutes versus 23 minutes in Greensboro, a difference of 2 minutes each way. Raleigh's lower unemployment rate of 3.0% versus 3.9% suggests a stronger job market. Greensboro skews slightly older with a median age of 35.2 vs 35.1 in Raleigh.

Other Cost of Living Comparisons

New York vs RaleighCOL 187 vs 105Los Angeles vs RaleighCOL 173 vs 105Chicago vs RaleighCOL 114 vs 105Greensboro vs New YorkCOL 88 vs 187Greensboro vs Los AngelesCOL 88 vs 173Chicago vs GreensboroCOL 114 vs 88

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Frequently Asked Questions

Is Raleigh or Greensboro more expensive?

Raleigh is 16.2% more expensive than Greensboro overall. Raleigh has a cost of living index of 105 compared to 88 for Greensboro (national average = 100). The biggest difference is housing: the median home costs $380,000 in Raleigh vs $235,000 in Greensboro.

How much more does housing cost in Raleigh vs Greensboro?

The median home price in Raleigh is $380,000, which is $145,000 more than Greensboro's median of $235,000. Monthly rent follows a similar pattern: $1,131/month in Raleigh vs $949/month in Greensboro, a difference of $182/month or $2,184/year.

What salary do I need in Greensboro to match my Raleigh income?

To maintain the same standard of living, a $75,200 salary in Raleigh is equivalent to $63,025 in Greensboro. This is based on the cost of living index ratio: Raleigh's COL index of 105 vs Greensboro's 88. Conversely, $55,800 in Greensboro equals $66,580 in Raleigh.

Which city has lower taxes, Raleigh or Greensboro?

On a median household income, the combined federal, state, and FICA tax burden is $16,399 (21.8% effective rate) in Raleigh vs $10,666 (19.1% effective rate) in Greensboro. Property taxes on the median home are $3,002/year in Raleigh (0.8% rate) vs $1,857/year in Greensboro (0.8% rate). Sales tax rates are 4.8% in North Carolina and 4.8% in North Carolina.

What is the median household income in Raleigh and Greensboro?

Raleigh median household income: $75,200/yr. Greensboro median household income: $55,800/yr (Census ACS).

How does rent compare in Raleigh vs Greensboro?

Median monthly rent: $1,131 in Raleigh vs $949 in Greensboro. Annualized that is $13,572 vs $11,388.

Which city is better for remote workers, Raleigh or Greensboro?

Greensboro offers a lower cost of living (index 88 vs 105), which lets remote-workers keeping a coastal salary stretch further. Raleigh typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Raleigh and Greensboro numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Raleigh vs Greensboro comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Raleigh vs Greensboro cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

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Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.