Housing costs in Winston-Salem?
A typical home costs
$137,100, which is 59.4% less expensive than the national average of
$338,100 and 52.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Winston-Salem costs
$860 per month, which is 22.5% cheaper than the national average of
$1,110 and 9.3% cheaper than the state average of
$940.
Can I afford Winston-Salem?
To live comfortably in Winston-Salem (zip 27105), North Carolina, a minimum annual income of
$26,280 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Winston-Salem?
The cost of living in 27105 Winston-Salem, NC is relatively affordable compared to other areas of the country. According to Best Places, the overall cost of living index in 27105 is 89.2, which is 11.8% lower than the U.S average. This means that basic expenses such as groceries, healthcare, and utilities are generally more affordable than what you would find elsewhere in America. Despite its affordability, 27105 still has plenty to offer in terms of entertainment and culture. With its vibrant nightlife scene and numerous attractions like Old Salem, there's something for everyone in this charming North Carolina city.