Cost of Living: Greensboro, NC vs Draper, UT

Housing

The housing market plays a significant role in determining the cost of living.

Metric Greensboro Draper
Housing Index 90.0 120.3
Median Home Price $303,000 $487,500
Average Rent (2 BR Apartment) $1200 $1900
Average Rent (2 BR House) $1280 $1938

Housing Comparison: Greensboro vs Draper

  • The median home price in Draper is higher at $487,500, compared to $303,000 in Greensboro.
  • In Draper, the rental for a two-bedroom apartment stands at $1,900, while it is $1,200 in Greensboro.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Greensboro Draper
Electricity Price $13.72 $11.5
Natural Gas Price $Data is updating $14
Other Utilities $250 $250

Utilities Comparison: Greensboro vs Draper

  • Electricity costs are higher in Greensboro at $13.72 per kWh, compared to $11.5 in Draper.
  • Natural gas price data is currently unavailable.
  • Utility expenses are equal in both Greensboro and Draper averaging $250.