Housing costs in Winston-Salem?
A typical home costs
$292,300, which is 13.5% less expensive than the national average of
$338,100 and 1.0% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Winston-Salem costs
$1,450 per month, which is 30.6% more than the national average of
$1,110 and 35.2% more than the state average of
$940.
Can I afford Winston-Salem?
To live comfortably in Winston-Salem (zip 27040), North Carolina, a minimum annual income of
$56,160 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Winston-Salem?
The cost of living in Winston-Salem, NC (27040) is slightly above the national average. The median home price is around $158,000, well below the national average of $184,700. Groceries and healthcare are also slightly more expensive than the U.S. averages. However, transportation costs in Winston-Salem are much lower than the nation as a whole. Utilities range from 5% to 6% higher than the national average, but overall Winston-Salem still offers an affordable lifestyle for those looking to move there or anyone considering relocating to North Carolina.