CostIndexUSA

Bakersfield, CA vs Greensboro, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Bakersfield
100.9
overall index
$1,750/mo rent
More AffordableNC
Greensboro
92.9
overall index
$1,400/mo rent

Greensboro is moderately cheaper than Bakersfield — 7.9% lower overall cost of living.

To match an $80,000 salary in Bakersfield, you would need $73,700 in Greensboro. Calculate your salary ↓

Category Breakdown

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

🏠 Housing17.5%
Bakersfield
90.3
Greensboro
74.5
🛒 Groceries8.2%
Bakersfield
105.2
Greensboro
96.6
🚗 Transportation2.1%
Bakersfield
105.3
Greensboro
103.1
🏥 Healthcare2.1%
Bakersfield
95.3
Greensboro
93.3
Utilities43.7%
Bakersfield
158.3
Greensboro
89.1

Salary Equivalency Calculator

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

$
Equivalent salary in Greensboro, NC
$73,700
$6,300 less needed in Greensboro

Formula: salary × (92.9 ÷ 100.9) = salary × 0.9207. Based on BEA Regional Price Parities.

Housing Market

Bakersfield, CA

Median Home Price
$358,000
Median Monthly Rent
$1,750
Housing Index
90.3
Price-to-Rent Ratio
17.0×

Greensboro, NC

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

Bakersfield has 17.5% lower housing costs compared to Greensboro.

Income & Job Market

Bakersfield, CA

Median Household Income
$68,900
Per Capita Income
$39,300
Unemployment Rate
8.4%
Population
384,145
Top Industries
AgricultureEnergyHealthcareLogisticsManufacturing

Greensboro, NC

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

Affordability at a Glance

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

Bakersfield, CA
3.3×income-to-rent ratio

70% of income left after rent (median)

Greensboro, NC
3.8×income-to-rent ratio

73% 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.