Winston-Salem Metro Area, NC Cost of Living


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United States / North Carolina / Winston-Salem Metro Area / Counties / Cities / Zip Codes

Winston-Salem cost of living score
83.4
Less expensive
16.6% lower
than the US average
8.4% lower
than the North Carolina average
Winston-Salem North Carol Metro Area, North Carolina gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 8.4% higher than the average for North Carolina.

Winston-Salem Metro Area, NC

Housing costs in Winston-Salem?
A typical home costs $239,000, which is 29.3% less expensive than the national average of $338,100 and 17.4% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Winston-Salem costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 18.1% cheaper than the state average of $1,110.

Can I afford Winston-Salem?
To live comfortably in Winston-Salem North Carol Metro Area, North Carolina, a minimum annual income of $45,720 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Winston-Salem?
The cost of living in Winston-Salem, NC Metro Area is much lower than the US average, making it an attractive place for people who want to live in a big city without paying the high costs associated with other cities. The median house value in this metro area is $239,000 which is significantly less than the US average of $338,100. This makes it much more affordable for individuals and families looking for an urban lifestyle without breaking the bank. The low cost of living combined with lower house prices make Winston-Salem a great option for those looking to enjoy city life on a budget.
   Cost of living score
     CategoriesWinston-SalemNorth CarolinaUnited States
  83.491.0100.0
  95.496.5100
  97.5107.2100.0
  64.283.1100.0
  $239,000$289,300$338,100
  98.8%99.2%100.0%
  79.883.9100.0
  100.589.2100.0

   100=National Average

   Average Rent by Bedroom Size
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