Zip 27110 (Winston-Salem, NC) Cost of Living


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How much do I need to live in Winston-Salem, North Carolina?
$4,170 / month
for a family, 22.8% less expensive than the national average A total of $50,040 for the year for a family.
$2,767 / month
for a single person, 42.0% less expensive than the national average A total of $33,200 for the year for a single person.

Winston-Salem cost of living score
84.3
Less expensive
15.7% lower
than the US average
7.4% lower
than the North Carolina average
Winston-Salem (zip 27110), North Carolina gets a BestPlaces Cost of Living score of 84.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.7% lower than the U.S. average and 7.4% higher than the average for North Carolina.

Zip 27110 (Winston-Salem, NC)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWinston-SalemNorth CarolinaUnited States
    Unlock91.0100.0
  95.4  Unlock100.0
    Unlock107.2100.0
  62.1  Unlock100.0
    Unlock$289,300$338,100
  95.7  Unlock100.0
    Unlock83.9100.0
  109.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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