Fayetteville, NC vs Greensboro, NC

Fayetteville, NC and Greensboro, NC have a very similar cost of living, with only a 2.9% difference in their overall index. Fayetteville scores 82 while Greensboro scores 84 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fayetteville is $1,179/month compared to $1,114/month in Greensboro — a 6% difference. Interestingly, home values tell a different story: while Greensboro has cheaper rent, Fayetteville actually has lower median home values ($171,900 vs $221,300).

Median household income in Fayetteville is $56,395 compared to $58,884 in Greensboro (-4.2%). While Greensboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fayetteville spend roughly 25.1% of their income on rent, more than the 22.7% in Greensboro.