New York, NY vs Greensboro, NC
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Greensboro and New York more than any other line item — $221,000 versus $752,000 for a typical home, a 71% spread. State income-tax burden also tilts toward Greensboro — a top rate of 4.5% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$221,300 ✓
Zillow Home Value
$812,534
$261,036
Median Gross Rent
$1,779/mo
$1,114/mo ✓
Owner Occupied %
32.8%
50.3%
Price-to-Rent Ratio
35.2x
16.6x
Median Household Income
$79,713 ✓
$58,884
Per Capita Income
$50,776
$35,858
Unemployment Rate
7.7%
5.1% ✓
Poverty Rate
17.4%
18.4%
Avg Commute (min)
44.8 min
23.6 min
Drove Alone %
21.9%
73.8%
Public Transit %
45.5%
2.4%
Work From Home %
15.0%
11.8%
State Income Tax
10.9%
4.5%
Total Sales Tax
8.5%
7.0% ✓
Property Tax Rate
1.7%
0.8%
Bachelor's Degree %
23.6%
24.2%
Median Age
38
34.1
Avg High Temp
62.6°F
69.8°F
Annual Precipitation
49.5"
44"
Annual Snowfall
29.8"
7.1"
New York, NY 1 wins
- ✓Median Household Income
Greensboro, NC 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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