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Raleigh vs Greensboro

Raleigh, NC  ·  Greensboro, NC

⚖️

Greensboro is 16% cheaper than Raleigh overall.

Home Price

Raleigh: $380,000

Greensboro: $235,000

Monthly Rent

Raleigh: $1,131/mo

Greensboro: $949/mo

COL Index

Raleigh: 105

Greensboro: 88

Median Income

Raleigh: $75,200

Greensboro: $55,800

Side-by-Side Comparison

Metric
Raleigh
Greensboro
Winner
🏠

Median Home Price

$380,000
$235,000
Greensboro
🏢

Monthly Rent (Median)

$1,131/mo
$949/mo
Greensboro
💰

Median Household Income

$75,200
$55,800
Raleigh
📋

Property Tax Rate

0.79%
0.79%
Tied
📊

Cost of Living Index

100 = national average

105
88
Greensboro
🚗

Avg. Commute

25 min
23 min
Greensboro
📈

Unemployment Rate

3%
3.9%
Raleigh
👥

Median Age

35.1 yrs
35.2 yrs
Tied

What This Means For You

💵

Buying Power

A $100,000 salary in Raleigh has the same purchasing power as $83,810 in Greensboro — based on each city's cost of living index.

🏠

Housing

Homes in Greensboro cost 38% more (-$145,000 extra). Expect a larger mortgage and down payment.

🏢

Renting

Renting in Greensboro saves you $182/month — $2,184 per year. Median rent: $1,131/mo in Raleigh vs $949/mo in Greensboro.

📋

Property Taxes

On a median-priced home, Raleigh owners pay roughly $3,002/year in property taxes vs $1,857/year in Greensboro. Rates are comparable.

💼

Local Earnings

Median household income is $75,200 in Raleigh and $55,800 in Greensboro. Greensboro residents earn 26% more — but remember to factor in cost of living.

🚗

Daily Commute

Average commute is 25 minutes in Raleigh vs 23 minutes in Greensboro. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Raleigh to Greensboro, here's the salary you'd need:

Salary in RaleighEquivalent in GreensboroDifference
$50,000$41,905-$8,095
$75,000$62,857-$12,143
$100,000$83,810-$16,190
$150,000$125,714-$24,286
$200,000$167,619-$32,381

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Raleigh vs Greensboro: Common Questions

Is Raleigh or Greensboro cheaper to live in?

Based on cost of living indices, Greensboro is cheaper overall. Raleigh has a COL index of 105 while Greensboro scores 88 (national average = 100).

How do home prices compare between Raleigh and Greensboro?

The median home price in Raleigh is $380,000 vs $235,000 in Greensboro — a difference of $145,000 (38%).

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

Use the salary equivalence table above. For example, a $100K salary in Raleigh is equivalent to $83,810 in Greensboro in terms of purchasing power.

Which city has lower property taxes?

Greensboro has a lower property tax rate (0.79% vs 0.79%). On a median-priced home, that means paying $1,857/year vs $3,002/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.