Cost of Living in Greenville, NC

Updated November 2026 · Pitt County · Greenville, NC metro area · population 92,857

Local cost index (CostLiving estimate)
89.9
Much cheaper than the US average
BEA index for the Greenville, NC metro area: 88.4
Monthly budget
$2,267
single adult · $4,700 family of 4
Modelled estimate, before taxes
Median rent
$1,007
per month, gross rent · US $1,413
Median home value
$233,500
US $332,700 · Moderate

Prices in Greenville are 10.1% below the US average (local index 89.9; the BEA index for the Greenville, NC metro area is 88.4), with local housing the biggest saving at 55.9; a single adult's modelled budget is about $2,267 a month and the median rent is $1,007.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Greenville's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Greenville, NC metro area, unchanged.

Greenville price index by category, US average = 100: All items 89.9, Housing (rents) 55.9, Goods 96.6, Utilities 87.3, Other services 98.2

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the least expensive of the 25 North Carolina cities in our data. Cheaper than 93% of the cities we cover.

Official BEA Regional Price Parities for the Greenville, NC metro area. 2024: goods 96.6, housing 57.3, utilities 87.3, other services 98.2.
BEA index201920202021202220232024
All items89.387.589.588.191.888.4

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Greenville, NC

CategoryPer monthPer yearShare
Housing (rent) $679 $8,148 30%
Utilities $244 $2,928 11%
Food at home $273 $3,276 12%
Transportation $564 $6,768 25%
Health care $345 $4,140 15%
Clothing, personal care & supplies $162 $1,944 7%
Total$2,267$27,204100%

2 adults · 2-bedroom · modelled estimate for Greenville, NC

CategoryPer monthPer yearShare
Housing (rent) $853 $10,236 22%
Utilities $386 $4,632 10%
Food at home $503 $6,036 13%
Transportation $1,116 $13,392 29%
Health care $640 $7,680 17%
Clothing, personal care & supplies $320 $3,840 8%
Total$3,818$45,816100%

2 adults + 2 children · 3-bedroom · modelled estimate for Greenville, NC

CategoryPer monthPer yearShare
Housing (rent) $1,019 $12,228 22%
Utilities $471 $5,652 10%
Food at home $718 $8,616 15%
Transportation $1,484 $17,808 32%
Health care $596 $7,152 13%
Clothing, personal care & supplies $412 $4,944 9%
Total$4,700$56,400100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Greenville

Rent by number of bedrooms

SizeMedian rent
Studio $788
1 bedroom $828
2 bedrooms $1,040
3 bedrooms $1,242
4 bedrooms $1,395 modelled from city median rent

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,007
Median contract rent (excl. utilities)$826
Median home value$233,500
Owner costs with a mortgage$1,507/mo
Median household income$49,748
Rent as % of renter income Expensive31.6%
Home value ÷ household income Moderate4.7×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in North Carolina

14.95¢ per kWh, August 2026

12-month change: +2.5% (from 14.59¢) · US 18.16¢

Aug 2025: 14.59¢/kWh Sep 2025: 15.08¢/kWh Oct 2025: 15.01¢/kWh Nov 2025: 14.61¢/kWh Dec 2025: 13.45¢/kWh Jan 2026: 13.68¢/kWh Feb 2026: 14.64¢/kWh Mar 2026: 16.00¢/kWh Apr 2026: 16.25¢/kWh May 2026: 15.09¢/kWh Jun 2026: 14.74¢/kWh Jul 2026: 15.16¢/kWh Aug 2026: 14.95¢/kWh

Average household uses 1,044 kWh a month in North Carolina ≈ $154/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Lower Atlantic (PADD 1C)

$3.69 per gallon, week of 2026-11-02

12-month change: +30.9% (from $2.82) · US $4.15

2026-05-11: $4.176/gal 2026-05-18: $4.120/gal 2026-05-25: $4.151/gal 2026-06-01: $3.932/gal 2026-06-08: $3.763/gal 2026-06-15: $3.725/gal 2026-06-22: $3.582/gal 2026-06-29: $3.605/gal 2026-07-06: $3.562/gal 2026-07-13: $3.642/gal 2026-07-20: $3.791/gal 2026-07-27: $3.867/gal 2026-08-03: $3.788/gal 2026-08-10: $3.749/gal 2026-08-17: $3.730/gal 2026-08-24: $3.785/gal 2026-08-31: $3.783/gal 2026-09-07: $3.860/gal 2026-09-14: $4.041/gal 2026-09-21: $4.163/gal 2026-09-28: $4.195/gal 2026-10-05: $3.959/gal 2026-10-12: $3.929/gal 2026-10-19: $3.860/gal 2026-10-26: $3.832/gal 2026-11-02: $3.695/gal

EIA weekly retail price survey; North Carolina is covered by the Lower Atlantic (PADD 1C) average.

Inflation in the South

Consumer prices in the South Census region rose +3.4% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Greenville are 10.1% below the US average, $60,000 here has the buying power of about $66,800 in an average-priced US area.

Same buying power in an average-priced US area$66,800
Needed in Greenville to match $60,000 in an average-priced US area$53,900

Formula: US-equivalent = salary × 100 ÷ 89.9. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Rocky Mount, NC36 mi90.1 $2,245$957
New Bern, NC38 mi92.0 $2,115$1,081
Jacksonville, NC60 mi93.3 $2,596$1,321
Wake Forest, NC69 mi98.3 $2,831$1,596
Raleigh, NC73 mi98.0 $2,883$1,572
Cary, NC83 mi100.0 $2,973$1,738

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Lawrence, KS89.9 $2,384$1,091
Springfield, OH89.9 $2,095$851
Tuscaloosa, AL89.8 $2,295$1,055
Baton Rouge, LA89.9 $2,291$1,067
Albany, GA89.8 $2,139$931
Muncie, IN89.9 $2,158$904

Compare Greenville with another city

Frequently asked questions

Is Greenville, NC an expensive place to live?

Greenville has a local cost of living index of 89.9, which is 10.1% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Greenville, NC metro area (88.4) and adjusts housing to Greenville's own rents. It is 4.4 points below the North Carolina average. It is the least expensive of the 25 North Carolina cities in our data. Cheaper than 93% of the cities we cover.

How much money do you need to live in Greenville?

Our modelled estimate of basic monthly costs is $2,267 for a single adult, $3,818 for a couple and $4,700 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $53,900 in Greenville.

What is the average rent in Greenville?

The median gross rent (rent plus tenant-paid utilities) is $1,007 a month (Census ACS 2020-2024). By size: 1 bedroom $828, 2 bedrooms $1,040, 3 bedrooms $1,242. The typical renter spends 31.6% of household income on rent (expensive).

How much does a house cost in Greenville?

The median owner-estimated home value is $233,500, 4.7 times the median household income of $49,748 (moderate). Owners with a mortgage pay a median $1,507 a month in housing costs.

How much is electricity and gas in Greenville?

North Carolina residential electricity averaged 14.95¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $3.69 a gallon (Lower Atlantic (PADD 1C) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources