Cost of Living in Goldsboro, NC

Is it worth moving here?

How far does a $70,000 salary go in Goldsboro? Estimated income taxes on that gross salary total approximately $9,817 per year — combining federal taxes with North Carolina's state income tax. Subtract rent for a 2-bedroom apartment ($1,244/month based on HUD Fair Market Rents for the Goldsboro metro area) and the estimated annual take-home is $45,255, or roughly $3,771 per month for everything else: food, transportation, savings, and discretionary spending.

The Goldsboro metro has a cost of living index of 59.6 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 40% below the national average, Goldsboro is a genuinely affordable metro where everyday expenses stretch further than in most cities.

At a $70,000 salary, the estimated 2-bedroom rent in Goldsboro represents approximately 21% of gross income. That falls comfortably below the 30% rent-burden guideline, a healthy position for building savings.

Annual Breakdown

Gross Salary $70,000
Taxes (Est.) ...
Housing (Rent) -$14,928
Net Income ...

Cost of Living Index

59.6
Cheaper Avg (100) Pricier

Living in Goldsboro, NC is roughly 40% less expensive than the national average.

Monthly Take-Home

... / mo

Affordability Score

Grade
Rent Burden –%
Affordable (<20%) 30% Rule Stretched (>40%)

K-12 Schools

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Schools 34
Enrollment 19,543
Pupil:Teacher 0:1
Charter 5.9%
Title I 0%

Colleges & Universities

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Institutions 2
Avg In-State $13,641
Avg Out-of-State $16,713
Avg Grad Rate 52.0%
Institution Enrollment In-State Tuition Grad Rate
Wayne Community College 2,883 $2,432 57.0%
University of Mount Olive 2,128 $24,850 47.0%