Greenville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGreenvilleNorth CarolinaNational
Cost of living index9497100
IndexGreenvilleNorth CarolinaNational
Goods & Services index100101100
Groceries index100100100
Health care index99104100
Housing index8287100
Transportation index99102100
Utilities index98100100
Displayed above is a general overview of the Greenville, NC cost of living index. The overall cost of living index in Greenville, NC is 94, which is 2% lower than the North Carolina average and 6% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Greenville, NC are equal to the North Carolina average and equal to the national average.

Did you know?

  • The cost of living in Greenville is 2% lower than the North Carolina average.
  • The cost of living in Greenville is 6% lower than the national average.
  • The cost of housing in Greenville is 18% lower than the national average.
  • North Carolina general sales tax is 7% lower than the national average.
  • North Carolina state income tax is 159% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Greenville, NC to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Greenville, NC, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Greenville, NC salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$63,629$5,302$1,485$1,909
Renters$24,600$2,050$574$738
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Greenville, NC, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Greenville, NC has a median income of about $63,629 for people who own homes. Based on that number, a person should spend a maximum of $1,485 on expenses related to housing. Renters have a slightly different median income, which is $24,600. Based on this average, renters should spend no more than $574 on all of their rental costs if they want to maintain a non-impoverished standard of living.

North Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Carolina4.75%7.5%

North Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
North Carolina5.75%5.75%
The North Carolina sales tax and North Carolina income tax rates should definitely be considered when determining the overall cost of living in Greenville, NC. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The North Carolina sales tax is 4.75% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The North Carolina income tax rates range from 5.75% to 5.75%.

Goods & Services

ItemGreenvilleNational avg.Difference
Haircut $18.57$14.5927.3%
Beauty Salon $40.57$34.6817.0%
Toothpaste $2.44$2.471.3%
Shampoo $1.01$1.021.2%
Movie $9.86$9.870.1%
Bowling $4.44$4.391.1%

Groceries

ItemGreenvilleNational avg.Difference
Ground Beef $4.69$4.484.8%
Fried Chicken $1.35$1.467.8%
Milk $2.50$2.366.1%
Potatoes $3.64$3.0618.9%
Pizza $9.27$9.240.3%
Beer $8.62$8.630.1%

Health Care

ItemGreenvilleNational avg.Difference
Optometrist $98.75$99.781.0%
Doctor $95.79$105.038.8%
Dentist $98.29$88.7010.8%
Ibuprofen $9.61$9.412.1%
Lipitor $258.40$298.5013.4%

Housing

ItemGreenvilleNational avg.Difference
Home Price $145,700.00$175,700.0017.1%
Avg. Mortgage Payment $797.74$1,081.0326.2%
Apartment Rent $743.00$920.0019.2%

Transportation

ItemGreenvilleNational avg.Difference
Gasoline $2.22$2.096.3%
Tire Balancing $35.50$45.2921.6%

Utilities

ItemGreenvilleNational avg.Difference
All Electricity$147.80$170.8013.5%
Phone $31.99$28.2613.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Maury, NC1,22882-18%
Falkland, NC4384-16%
Pinetops, NC1,27784-16%
Bethel, NC1,83484-16%
Belvoir, NC34085-15%
Greenville, NC87,54694-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Chico, CA87,51712929%
San Marcos, CA87,80813636%
Norwalk, CT87,21414747%
Fort Smith, AR87,19385-15%
San Leandro, CA87,15914040%
Greenville, NC87,54694-6%
Source: The Greenville, NC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.