Cost of Living in Greenville, NC

Population 88,540 · North Carolina · Data vintage 2023

72
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Greenville's cost indicators track within a reasonable band of national figures, with median household incomes near $50,564 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. Unemployment has stayed elevated relative to the national figure — 9.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Greenville is about 75 miles east of Raleigh, the nearest large metro. Median home values run roughly 44% lower than Raleigh's $378,000.

Cost Overview

Housing 70
Rent 75

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Greenville

The median home value in Greenville is $213,100 — 30% below the national median of $305,000. Median rent runs $983/month, 25% lower than the national median of $1,314/month. The median household income of $50,564/year is 32% lower than the US median of $74,580. The local unemployment rate is 9.0%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 71.8°F and lows of 49.3°F. Overall, Greenville has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.

🏠 Housing

Median Home Value
$213,100
30% below avg
Zillow Home Value
$232,933
Zillow ZHVI
Median Rent
$983/mo
25% below avg
Zillow Rent
$1,357/mo
Zillow ZORI
Price-to-Rent Ratio
18.1x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$826
1 BR
$860
2 BR
$1,049
3 BR
$1,384
4 BR
$1,637
Owner-occupied 32.6%
Renter-occupied 67.4%

💰 Estimated Monthly Budget

Rent median rent
$983
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,597/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.8 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.7%

Commute Mode

Drove alone
74.8%
Carpooled
8.3%
Public transit
1.3%
Walked
3.0%
Bicycle
0.2%
Work from home
11.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.5%
Total Sales Tax 7.0%
State rate 4.8%
Avg local rate 2.2%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$50,564
32% below avg
Per Capita Income
$33,057
Unemployment Rate
9.0%
88% above avg
Poverty Rate
24.5%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 21.2%
Graduate degree 18.1%

👥 Demographics

Median Age 28
Male median age 26.8
Female median age 28.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.8°F
Avg Low
49.3°F
Annual Precip
44.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525563738087918883736355
Low °F 313339485665696862503934
Precip" 3.512.873.973.612.923.904.594.924.913.163.092.93

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
70.1%
Good air days/yr
118
Max AQI recorded
245
PM2.5 days
120
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

86%
4-Year Graduation Rate
15:1
Student-teacher ratio
39
Public schools
24,092
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenville, NC?

Greenville has a cost index of 72 (100 = national average). It is 28% below the national average.

What is average rent in Greenville, NC?

The median gross rent in Greenville is $983 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $213,100 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $50,564 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, NC?

The combined state and local sales tax rate in Greenville is 7.0%. The North Carolina state income tax top rate is 4.5%.

Is Greenville, NC affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.

What is the weather like in Greenville?

Greenville has average high temperatures of 71.8°F and average lows of 49.3°F. Annual precipitation is 44.4". Data from NOAA 1991–2020 Climate Normals.

Greenville at a Glance

Population
88,540
Median Income
$50,564
Home Value
$213,100
Median Rent
$983/mo
Unemployment
9.0%
Avg High Temp
71.8°F
Sales Tax
7.0%
View all cities in North Carolina →
🗺️ County data for North Carolina

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs