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Greensboro, MD vs Ocean City, MD

85
Greensboro
Maryland
VS
-17.6%
103
Ocean City
Maryland

There is a significant gap in the cost of living between these two cities. Greensboro is 17.6% cheaper than Ocean City. With a cost index of 85 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Greensboro to Ocean City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Greensboro is $974/month compared to $1,187/month in Ocean City — a 18% difference. Home values follow the same pattern: Greensboro is more affordable at $230,600 median vs $373,700.

Median household income in Greensboro is $44,934 compared to $69,675 in Ocean City (-35.5%). While Ocean City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Greensboro spend roughly 26% of their income on rent, more than the 20.4% in Ocean City.

Climate-wise, both cities share similar average temperatures (57.6°F vs 56°F). Greensboro receives more rainfall at 43.9" per year compared to 42.6" in Ocean City.

Income & Cost

Cost of Living Index
Greensboro
85
18% cheaper
Ocean City
103
Median Household Income
Greensboro
$44,934
Ocean City
$69,675
36% higher

Housing

Median Rent
Greensboro
$974
18% cheaper
Ocean City
$1,187
Median Home Value
Greensboro
$230,600
38% cheaper
Ocean City
$373,700
Population
Greensboro
2,563
Ocean City
6,887

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Greensboro 57.6°F
Ocean City 56°F
Summer High
Greensboro 88°F
Ocean City 84°F
Winter Low
Greensboro 29°F
Ocean City 28°F
Rainfall
Greensboro 43.9"
Ocean City 42.6"
Rainy Days
Greensboro 132d
Ocean City 130d