Greensboro vs Madison
Cost of Living Comparison · 2026
Greensboro
Madison
The Verdict
Living in Greensboro costs 20.8% less than Madison. To match the purchasing power of a $75,000 salary in Greensboro, you would need $94,643 in Madison.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Greensboro has the same purchasing power as $94,643 in Madison.
Conversely, $75,000 in Madison equals $59,434 in Greensboro.
Living in Greensboro vs Madison
Housing Costs
Greensboro's housing index of 62 is lower Madison's 115, translating to median home prices of $230,000 vs $340,000. The $110,000 difference in home prices means roughly $7,152 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Greensboro compared to $1,400/mo in Madison, a monthly difference of $350.
Grocery & Food Costs
Grocery expenses index at 96 in Greensboro and 101 in Madison. A household spending the national average of $475/month on groceries would pay approximately $456/month in Greensboro vs $480/month in Madison. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 98 in Greensboro and 97 in Madison. Monthly utility bills average approximately $392 in Greensboro vs $388 in Madison. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 101 in Greensboro and 105 in Madison. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $49,500 in Greensboro and $67,565 in Madison. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,929 and $63,741 respectively. Madison residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,155/month to housing in Greensboro vs $1,577/month in Madison. In Greensboro, median rent of $1,050/mo fits within this budget. In Madison, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 53 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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