Winston-Salem, NC Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Winston-Salem, NC in 2024?

Overall, on average, a gross annual salary of $54,997 is required for an average quality of life in Winston-Salem, NC.

Is the Cost of Living High in Winston-Salem, NC?

Winston-Salem, NC is ranked 59th out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Winston-Salem, NC's average monthly rent is 39% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Winston-Salem, NC in 2024?

A gross annual salary of $50,000 in Winston-Salem, NC will yield an average annual net salary of $43,632. Considering that the total average annual cost of living in Winston-Salem, NC is $40,532, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Winston-Salem, NC?

The average monthly rent in Winston-Salem, NC in the city center is $1,006 for a 1 bedroom apartment, $1,303 for a 2 bedroom apartment and $1,703 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $852 for a 1 bedroom apartment, $1,201 for a 2 bedroom apartment and $1,602 for a 3 bedroom apartment.

The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.