Winston-Salem, NC Cost of Living


26 Reviews



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Winston-Salem cost of living score
84.3
Less expensive
15.7% lower
than the US average
7.4% lower
than the North Carolina average
Winston-Salem, North Carolina gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 7.4% higher than the average for North Carolina.

Winston-Salem, NC

Housing costs in Winston-Salem?
A typical home costs $229,400, which is 32.2% less expensive than the national average of $338,100 and 20.7% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Winston-Salem costs $1,010 per month, which is 29.4% cheaper than the national average of $1,430 and 9.9% cheaper than the state average of $1,110.

Can I afford Winston-Salem?
To live comfortably in Winston-Salem, North Carolina, a minimum annual income of $43,920 for a family, and $33,600 for a single person is recommended.

What does A.I. say about Winston-Salem?
Winston-Salem, North Carolina has lots of attractions along with a competitive cost-of-living that makes it worth considering. Homeowners can take advantage of different types of housing options ranging from low cost single family homes to modern townhouses - while renters also have access to some attractive deals these days too. Furthermore, groceries and transportation expenses remain quite reasonable compared with other US cities - giving you more bang out of your buck if you elect Winston-Salem as your home.
   Cost of living score
     CategoriesWinston-SalemNorth CarolinaUnited States
  84.391.0100.0
  95.296.5100
  96.4107.2100.0
  62.583.1100.0
  $229,400$289,300$338,100
  96.5%99.2%100.0%
  75.583.9100.0
  109.189.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Winston-Salem
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Over 4 years ago

Winston Salem is a corrupt and sad city. Many residents aren't open to new comers and crime is rampant. The abysmal crime rate is due in part to the corrupt and  More

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Over 4 years ago

I’ve lived here since 2008 and the community is beautiful and quiet. Convenient to everything and if you’re not a lazy person you can walk to Walmart, the bank,  More

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I didn't fully appreciate WS until I left. I still have family and friends there, and when I visit (I've lived in various places, now in the midwest for about 20 years)  More

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