Cost of living in Greenville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Greenville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in North Carolina, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Greenville is 94, with 100 being the average.
The cost of living index in Greenville is 0.9x lower than the national average.
Greenville ranks as the #67 cheapest in North Carolina out of 153.
Greenville ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Greenville is $163,500.
The median income in Greenville is $44,064.
According to the most recent data on the cost of living, Greenville has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to North Carolina, Greenville has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Greenville ranks as #67 most affordable out of the 153 places we measured in North Carolina. By definition, that implies Greenville ranks as the #86 most expensive place in the Tar Heel State.
For more reading on life in Greenville, check out:
Six factors go into calculating the cost of living index in Greenville. Here is how it fairs on each of the criteria:
The Services index in Greenville is 102.
The Groceries index in Greenville is 92.
The Health index in Greenville is 104.
The Housing index in Greenville is 78.
The Transportation index in Greenville is 93.
The Utilities index in Greenville is 98.
Living Expense | Greenville | North Carolina | National Average | |
---|---|---|---|---|
Overall | 94 | 95 | 100 | |
Services | 102 | 97 | 100 | |
Groceries | 92 | 98 | 100 | |
Health | 104 | 108 | 100 | |
Housing | 78 | 91 | 100 | |
Transportation | 93 | 92 | 100 | |
Utilities | 98 | 95 | 100 |
Housing swings affordability the most between places in North Carolina, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Greenville is $163,500.
The Median Rent in Greenville is $869.
The Median Income in Greenville is $44,064.
The Home Value To Income in Greenville is 3.7x.
The Rent To Monthly Income in Greenville is 0.24x.
Statistic | Greenville | North Carolina | United States |
---|---|---|---|
Median Home Value | $163,500 | $197,500 | $244,900 |
Median Rent | $869 | $988 | $1,163 |
Median Income | $44,064 | $60,516 | $69,021 |
Home Value To Income | 3.7x | 3.3x | 3.5x |
Rent To Monthly Income | 0.24x | 0.2x | 0.2x |
Item | Greenville | North Carolina |
---|---|---|
Shampoo | $0.95 | $1.06 |
Movie | $10.04 | $10.68 |
Bowling | $17.13 | $14.67 |
Haircut | $18.07 | $18.62 |
Beauty Salon | $48.42 | $39.05 |
Item | Greenville | North Carolina |
---|---|---|
Ground Beef | $4.93 | $4.22 |
Fried Chicken | $0.97 | $1.39 |
Milk | $1.61 | $2.05 |
Potatoes | $3.88 | $3.29 |
Pizza | $11.04 | $10.62 |
Beer | $9.99 | $9.38 |
Toothpaste | $2.04 | $2.34 |
Item | Greenville | North Carolina |
---|---|---|
Optometrist | $98.89 | $108.57 |
Doctor | $145.22 | $116.17 |
Dentist | $99.0 | $99.13 |
Item | Greenville | North Carolina |
---|---|---|
Gasoline | $2.27 | $2.22 |
Tire Balancing | $37.07 | $50.07 |
Item | Greenville | North Carolina |
---|---|---|
All Electricity | $162.8 | $167.67 |
Phone | $179.92 | $175.64 |
The cost of living varies in the cities and towns around Greenville. Here's a quick look at the cost of living in the most populous nearby places:
Rocky Mount, NC has a cost of living index of 86, 0.9x Greenville.
Wilson, NC has a cost of living index of 92, 1.0x Greenville.
Goldsboro, NC has a cost of living index of 88, 0.9x Greenville.
City | Population | Cost Of Living | Vs. Greenville |
---|---|---|---|
Rocky Mount, NC | 54,375 | 86 | 0.9x |
Wilson, NC | 47,914 | 92 | 1.0x |
Goldsboro, NC | 33,214 | 88 | 0.9x |
New Bern, NC | 31,058 | 98 | 1.0x |
Kinston, NC | 19,888 | 88 | 0.9x |
Tarboro, NC | 10,733 | 88 | 0.9x |
Winterville, NC | 10,336 | 97 | 1.0x |
Washington, NC | 9,754 | 99 | 1.1x |
Nashville, NC | 5,626 | 90 | 1.0x |
Williamston, NC | 5,221 | 93 | 1.0x |