The cost of living index in Greensboro, GA, stands at 91, which is 1% below the nationwide average of 100. This slight decrease indicates that residents in Greensboro may find certain expenses slightly more affordable compared to the national average.
Specifically, Greensboro's housing index at 87 suggests a 13% lower cost than the national average, making it a potentially attractive option for those seeking more affordable housing. Other categories like groceries and transportation are close to the national average, offering a balanced living experience.
Greensboro, GA, presents a cost of living that is slightly lower than the nationwide average. The housing index in Greensboro stands at 87, which is 13% lower than the average of 100. This means that housing costs in Greensboro are more affordable for residents compared to the average American city. Additionally, the cost of groceries in Greensboro is 94, which is 6% lower than the national average. This suggests that residents can expect to spend less on food items, making it a more budget-friendly option for families and individuals.
When considering other expenses, Greensboro also shows a favorable comparison. Utilities in Greensboro are priced at 90, which is 10% below the national average. This indicates that residents can save on their monthly utility bills. Transportation costs in Greensboro are slightly higher, with an index of 95, which is 5% above the average. However, the healthcare index of 90 is 10% lower than the national average, offering potential savings in medical expenses. Overall, the miscellaneous cost of living in Greensboro is 92, which is 8% below the average, providing additional cost savings in various other areas.