CostIndexUSA

Greensboro, NC vs Springfield, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Greensboro
92.9
overall index
$1,400/mo rent
More AffordableMO
Springfield
88.6
overall index
$1,275/mo rent

Springfield is slightly cheaper than Greensboro — 4.6% lower overall cost of living.

To match an $80,000 salary in Greensboro, you would need $76,300 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing11.9%
Greensboro
74.5
Springfield
65.6
🛒 Groceries2.5%
Greensboro
96.6
Springfield
94.2
🚗 Transportation5.2%
Greensboro
103.1
Springfield
97.7
🏥 Healthcare5.3%
Greensboro
93.3
Springfield
88.4
Utilities3.7%
Greensboro
89.1
Springfield
85.8

Salary Equivalency Calculator

Enter your current salary in Greensboro to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, MO
$76,300
$3,700 less needed in Springfield

Formula: salary × (88.6 ÷ 92.9) = salary × 0.9537. Based on BEA Regional Price Parities.

Housing Market

Greensboro, NC

Median Home Price
$256,000
Median Monthly Rent
$1,400
Housing Index
74.5
Price-to-Rent Ratio
15.2×

Springfield, MO

Median Home Price
$260,000
Median Monthly Rent
$1,275
Housing Index
65.6
Price-to-Rent Ratio
17.0×

Greensboro has 11.9% lower housing costs compared to Springfield.

Income & Job Market

Greensboro, NC

Median Household Income
$63,300
Per Capita Income
$36,100
Unemployment Rate
4.1%
Population
296,710
Top Industries
ManufacturingHealthcareEducationRetailGovernment

Springfield, MO

Median Household Income
$62,900
Per Capita Income
$35,900
Unemployment Rate
2.9%
Population
167,882
Top Industries
HealthcareEducationManufacturingRetailFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Greensboro, NC
3.8×income-to-rent ratio

73% of income left after rent (median)

Springfield, MO
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.