Winston-Salem, NC Cost Of Living
Winston-Salem's Overall Cost Of Living
Lower Than The National Average
In North Carolina
In America
What is the cost of living in Winston-Salem, NC?
According to the most recent data on the cost of living, Winston-Salem has an overall cost of living index of 94 which is 0.9x lower than the national index of 100.
Compared to only North Carolina, Winston-Salem has a cost of living index that's 1.0x lower than North Carolina's index of 95.
The standard of living in Winston-Salem ranks as #2,290 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Winston-Salem ranks as the #4,129 most expensive place in the Tar Heel State.
Winston-Salem Cost Of Living Vs. North Carolina
| Living Expense | Winston-Salem | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 94 | 95 | 100 | |
| Services | 100 | 102 | 100 | |
| Groceries | 100 | 100 | 100 | |
| Health | 119 | 108 | 100 | |
| Housing | 78 | 87 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 92 | 98 | 100 | |
Winston-Salem, NC Housing Cost Breakdown
Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
| Statistic | Winston-Salem | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $152,000 | $182,100 | $229,800 |
| Median Rent | $827 | $932 | $1,096 |
| Median Income | $47,269 | $56,642 | $64,994 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Detailed Winston-Salem Services Costs Vs. North Carolina
| Item | Winston-Salem | North Carolina |
|---|---|---|
| Shampoo | $1.29 | $1.06 |
| Movie | $8.5 | $10.68 |
| Bowling | $16.67 | $14.67 |
Detailed Winston-Salem Groceries Costs Vs. North Carolina
| Item | Winston-Salem | North Carolina |
|---|---|---|
| Ground Beef | $4.93 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $1.55 | $2.05 |
Detailed Winston-Salem Health Costs Vs. North Carolina
| Item | Winston-Salem | North Carolina |
|---|---|---|
| Haircut | $22.99 | $18.62 |
| Beauty Salon | $35.48 | $39.05 |
| Toothpaste | $2.63 | $2.34 |
Detailed Winston-Salem Transportation Costs Vs. North Carolina
| Item | Winston-Salem | North Carolina |
|---|---|---|
| Potatoes | $3.43 | $3.29 |
| Pizza | $10.32 | $10.62 |
| Beer | $9.95 | $9.38 |
| Optometrist | $109.7 | $108.57 |
| Doctor | $124.74 | $116.17 |
| Dentist | $139.81 | $99.13 |
Detailed Winston-Salem Utilities Costs Vs. North Carolina
| Item | Winston-Salem | North Carolina |
|---|---|---|
| Gasoline | $2.12 | $2.22 |
| Tire Balancing | $53.98 | $50.07 |
| All Electricity | $158.18 | $167.67 |
| Phone | $169.63 | $175.64 |
Winston-Salem SnackAbility
/10
Cost Of Living In Cities Around Winston-Salem
| City | Population | Cost Of Living | Vs. Winston-Salem |
|---|---|---|---|
| High Point, NC | 112,434 | 93 | 1.0x |
| Thomasville, NC | 26,834 | 87 | 0.9x |
| Kernersville, NC | 24,876 | 97 | 1.0x |
| Clemmons, NC | 20,574 | 101 | 1.1x |
| Jamestown, ND | 15,216 | 91 | 1.0x |
| Lewisville, NC | 14,030 | 97 | 1.0x |
| King, NC | 6,980 | 91 | 1.0x |
| Oak Ridge, NC | 6,979 | 117 | 1.2x |
| Stokesdale, NC | 5,451 | 101 | 1.1x |
