Cost of Living: Greensboro, NC vs Elizabeth, NJ (2026)

Greensboro

North Carolina
76
VS

Elizabeth

New Jersey
112

Greensboro is 32% cheaper than Elizabeth.

$1,114/mo ↓ 24%
Median Rent
$1,463/mo ↑ 31%
$58,884/yr ↓ 8%
Median Income
$63,874/yr ↑ 8%
$221,300 ↓ 44%
Home Value
$393,500 ↑ 78%
$1,107/mo ↓ 28%
Owner Costs
$1,543/mo ↑ 39%
298,564
Population
135,887

Tax Comparison

4.5%
Income Tax
10.75%
4.75%
State Sales Tax
6.625%
0.8%
Property Tax
2.23%

Affordability

22.7%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Greensboro, NC and Elizabeth, NJ, the overall cost of living indices are 76 and 112 respectively (national median = 100). Rent is $349/month cheaper in Greensboro, saving renters about $4,188/year.

Median household income is $4,990/year higher in Elizabeth. Home values also differ significantly — the median in Greensboro is $221,300 compared to $393,500 in Elizabeth.

North Carolina has a lower income tax rate, making Greensboro slightly more tax-friendly.

Frequently Asked Questions

Greensboro vs Elizabeth — common questions

Is Greensboro or Elizabeth cheaper to live in?
Based on our cost index, Greensboro is cheaper to live in with an index of 76 compared to 112 (US average = 100).
What is the rent difference between Greensboro and Elizabeth?
Median rent in Greensboro is $1,114/month and in Elizabeth it's $1,463/month — a difference of $349/month.
Which city has higher income, Greensboro or Elizabeth?
Median household income is $58,884 in Greensboro and $63,874 in Elizabeth. Median household income is $4,990/year higher in Elizabeth.
How do taxes compare between North Carolina and New Jersey?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Greensboro or Elizabeth?
It depends on your priorities. Greensboro has a cost index of 76 with median rent of $1,114/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Greensboro details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for Greensboro and Elizabeth

Greensboro vs. Pittsburgh Greensboro vs. St. Louis Greensboro vs. Newark Greensboro vs. Lincoln Greensboro vs. St. Paul Greensboro vs. Jersey City Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland