Housing costs in Winston-Salem?
A typical home costs
$255,100, which is 24.5% less expensive than the national average of
$338,100 and 11.8% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Winston-Salem costs
$970 per month, which is 12.6% cheaper than the national average of
$1,110 and 3.1% more than the state average of
$940.
Can I afford Winston-Salem?
To live comfortably in Winston-Salem (zip 27109), North Carolina, a minimum annual income of
$48,960 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Winston-Salem?
The cost of living in Winston-Salem, NC (Zip code 27109) is quite affordable. In fact, the overall cost of living index is lower than the national average, with housing being particularly affordable. According to BestPlaces, the median house price in Winston-Salem is $182,711 which is approximately 23% lower than the US average. Also, the median rent in Winston-Salem is approximately 20% lower than the national average. The cost of groceries and other consumer goods are also lower compared to other cities in the US. In summary, living in Winston-Salem can be considered very affordable compared to other cities in the United States.