Cost of Living in Greensboro-High Point, NC

Is it worth moving here?

How far does a $70,000 salary go in Greensboro-High Point? 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 ($1,330/month based on HUD Fair Market Rents for the Greensboro-High Point metro area) and the estimated annual take-home is $44,223, or roughly $3,685 per month for everything else: food, transportation, savings, and discretionary spending.

The Greensboro-High Point metro has a cost of living index of 74.0 according to the Bureau of Economic Analysis Regional Price Parities (national average = 100). At 26% below the national average, Greensboro-High Point 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 Greensboro-High Point represents approximately 23% 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) -$15,960
Net Income ...

Cost of Living Index

74.0
Cheaper Avg (100) Pricier

Living in Greensboro-High Point, NC is roughly 26% 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 197
Enrollment 114,957
Pupil:Teacher 0:1
Charter 5.5%
Title I 0%

Colleges & Universities

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Institutions 14
Avg In-State $14,895
Avg Out-of-State $18,999
Avg Grad Rate 43.2%
Institution Enrollment In-State Tuition Grad Rate
High Point University 6,052 $38,748 70.0%
University of North Carolina at Greensboro 17,743 $4,422 58.0%
Leons Beauty School Inc 129 $0 56.0%
North Carolina A & T State University 13,885 $3,540 55.0%
Randolph Community College 2,648 $2,280 54.0%
Empire Beauty School-West Greensboro 124 $0 53.0%
Guilford College 1,208 $40,400 48.0%
Greensboro College 898 $20,300 41.0%
Guilford Technical Community College 10,443 $2,128 31.0%
Health And Style Institute 1,112 $0 29.0%
Rockingham Community College 1,777 $1,824 28.0%
Bennett College 195 $16,640 21.0%
Strayer University-North Carolina 3,112 $13,725 17.0%
South University-High Point 70 $19,836