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New York, NY vs Winston-Salem, NC

Moving from New York to Winston-Salem? Here's what changes — from your equivalent salary to housing ($727,625 → $283,871 median home) and taxes.

New York, NY
Photo: Dllu via Commons · CC BY-SA 4.0
Winston-Salem, NC
Photo: Wikimedia Commons · CC0

New York vs Winston-Salem at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

New York, NY Winston-Salem, NC Cost-of-living index New York, NY — Cost-of-living index: 113 113 Winston-Salem, NC — Cost-of-living index: 92 92 Median home price New York, NY — Median home price: $728k $728k Winston-Salem, NC — Median home price: $284k $284k Price per sqft New York, NY — Price per sqft: $455 $455 Winston-Salem, NC — Price per sqft: $142 $142 Median rent New York, NY — Median rent: $3,503 $3,503 Winston-Salem, NC — Median rent: $1,546 $1,546 Combined sales tax New York, NY — Combined sales tax: 8.5% 8.5% Winston-Salem, NC — Combined sales tax: 7.0% 7.0% Property tax rate New York, NY — Property tax rate: 1.74% 1.74% Winston-Salem, NC — Property tax rate: 0.77% 0.77% Violent crime /100k (state avg) New York, NY — Violent crime /100k (state avg): 350 350 Winston-Salem, NC — Violent crime /100k (state avg): 400 400 Electricity ¢/kWh New York, NY — Electricity ¢/kWh: 29.4 29.4 Winston-Salem, NC — Electricity ¢/kWh: 16.3 16.3 Avg commute (min) New York, NY — Avg commute (min): 36 36 Winston-Salem, NC — Avg commute (min): 24 24 Avg summer high °F New York, NY — Avg summer high °F: 83° 83° Winston-Salem, NC — Avg summer high °F: 89° 89° Avg winter low °F New York, NY — Avg winter low °F: 16° 16° Winston-Salem, NC — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in New York, NY, you'd need about $65,339 in Winston-Salem, NC (−$34,661).

Livability — New York, NY: 43 · Winston-Salem, NC: 71 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,099 sqft in New York vs 3,524 sqft in Winston-Salem ($455 vs $142 per sqft).

Annual cost breakdown (at $100,000)

CategoryNew York, NYWinston-Salem, NCDifference
Housing $42,036 $18,552 −$23,484
Groceries $5,415 $4,840 −$575
Transportation $3,895 $3,130 −$765
Utilities $6,312 $4,392 −$1,920
Insurance $180 $180 +$0
Taxes $12,290 $6,693 −$5,597
Total $70,127 $37,787 −$32,341

Effective state & local tax rate on $100,000 — New York, NY: 12.3% · Winston-Salem, NC: 6.7% (income + local + sales + property tax where applicable ÷ income)

Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.

Side by side

MetricNew York, NYWinston-Salem, NC
Cost-of-living index112.691.6
Unemployment rate6.55%5.18%
Population growth (5-yr)-1.4%3.0%
Air quality (median AQI)5250
Big Mac price (est.)$6.41$5.21
Median home price$727,625$283,871
Home price ÷ income7.8×4.7×
1-yr home appreciation4.1%2.8%
Price per square foot$455$142
Median rent$3,503$1,546
Total tax burden (state avg, Tax Foundation)15.9%9.9%
Combined sales tax8.52%6.98%
Capital gains tax10.90%4.25%
Property tax rate1.74%0.77%
Life expectancy at birth80.3 yrs75.0 yrs
Healthcare (annual)$7,800$6,600
Uninsured (share of residents)6.9%11.7%
Primary care providers / 100k8477
Childcare (annual, infant)$17,000$10,000
Vehicle property taxNone1.10%
Days per year ≥ 90°F1231
Days per year ≥ 100°F00
Homes with air conditioning (state)88%91%
Avg commute (min)3624
Commute by driving alone45.5%77.9%
Home insurance / yr$1,600$2,000
Auto insurance / yr$2,100$1,400
FEMA risk index (0–100, higher = more risk)96.8 — Relatively High81.0 — Relatively Moderate
Flood insurance / yr$800$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh29.416.3
Gas $/gal3.453.20
Natural gas / mo$98$62
Water & sewer / mo$87$78
Home internet / mo$76$80
Violent crime /100k (state avg)350400
Avg summer high °F8389
Avg winter low °F1630
Annual precipitation (in)49.543.6
Annual snowfall (in)29.85.2
Sunshine (% possible)58%58%
Permit difficulty (1–5)53

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