Housing costs in Winston-Salem?
A typical home costs
$260,700, which is 22.9% less expensive than the national average of
$338,100 and 9.9% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Winston-Salem costs
$1,000 per month, which is 9.9% cheaper than the national average of
$1,110 and 6.0% more than the state average of
$940.
Can I afford Winston-Salem?
To live comfortably in Winston-Salem (zip 27110), North Carolina, a minimum annual income of
$50,040 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Winston-Salem?
The cost of living in 27110 Winston-Salem, NC is slightly lower than the US average. The median home price in the area is around $128,000 and renters can expect to pay an average of $837 for a one bedroom apartment. Additionally, groceries and transportation costs tend to be lower than average throughout North Carolina. Overall, Winston-Salem has a relatively affordable cost of living that offers an attractive lifestyle for those who are looking for a place to settle down in North Carolina.