Is Greensboro a cheap place to live?
Affordability If you choose to move to Greensboro, NC, you will find that the cost of living there is cheaper than some of the other cities in North Carolina as well as the country as a whole. In fact, in 2018, the city of Greensboro ranked second for affordability out of the five largest cities in North Carolina.
How much does it cost to live in Greensboro?
Greensboro cost of living is 83.9
| COST OF LIVING | Greensboro | North Carolina |
|---|---|---|
| Housing | 62.2 | 81 |
| Median Home Cost | $193,600 | $242,300 |
| Utilities | 95.5 | 99.2 |
| Transportation | 75.3 | 83.9 |
How is the housing market in Greensboro NC?
Key Market Stats: Home values in Greensboro have increased by 24.2% over the last year. Over the last five years home values in Greensboro have increased by over 75%. Median listing price of a single-family home in Greensboro is $280,000 based on the most recent research from Realtor.com (April 2022).
Why is rent so high Greensboro NC?
There are several reasons why rent is going up: one is inflation. People are also renting apartments after selling their homes while waiting for a new home to be built or to buy a new home. People are also moving to the area from more populated, expensive cities. Demand is up, and supply is low.
What is a high salary in NC?
Average Salary in North Carolina
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $77,983 | $6,498 |
| 75th Percentile | $58,487 | $4,873 |
| Average | $54,882 | $4,573 |
| 25th Percentile | $38,991 | $3,249 |
How much do you need to make to live in Greensboro NC?
The median household income in Greensboro is $39,400. However, to live comfortably in a one bedroom apartment in Greensboro, you should spend no more than 30% of your take home pay on rent. If a one bedroom apartment costs $985, you should earn $39,400 a year.
How much is electricity a month in Greensboro?
In Greensboro, NC, the average monthly electricity bill for residential consumers is $135/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,247 kWh * 11 ยข/kWh.
How much does a house cost in Greensboro NC?
Homes for Sale in Greensboro, NC have a median listing price of $200,450 and a price per square foot of $110. There are 1,204 active homes for sale in Greensboro, North Carolina, which spend an average of 55 days on the market.
How long does it take to sell a home in Greensboro?
On average, homes in Greensboro, NC sell after 42 days on the market. The trend for median days on market in Greensboro, NC is flat since last month, and slightly down since last year.
How competitive is the Greensboro real estate market?
The Greensboro housing market is somewhat competitive. Homes in Greensboro receive 6 offers on average and sell in around 25 days. The average sale price of a home in Greensboro was $221K last month, up 13.3% since last year. The average sale price per square foot in Greensboro is $142, up 20.3% since last year.
How much does a Chevron House cost in Greensboro NC?
Greensboro NC Real Estate & Homes For Sale 463 Agent listings 57 Other listings Sort by:Newest Chevron Down 4531 Fence Dr, Greensboro, NC 27409 $329,000 3bds 3ba –sqft – Coming soon Save this home