In Winston-Salem, NC (zip code 27109), the average 2 Bedroom rent is $970, which is much lower than the national rate of $1,430. Its grocery cost index is also lower than the national average at 95 compared to 100. Because of this cost of living advantage, many major companies are headquartered in Winston-Salem, such as Hanesbrands Inc., Krispy Kreme Doughnut Corporation and Reynold American Tobacco Company. There are also many smaller companies operating in Winston-Salem such as Quality Oil Company LLC, Wake Forest University Baptist Medical Center and Forsyth Technical Community College.