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Cost of living in Winston-Salem, NC

Livability score 71 · cost-of-living index 91.6 (US = 100)

Winston-Salem, NC
Photo: Wikimedia Commons · CC0

How Winston-Salem compares

Where Winston-Salem falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 92 — range 85 to 118 across all metros 92 Median home price $149k $1610k Median home price: $284k — range $149k to $1610k across all metros $284k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $142 — range $88 to $1074 across all metros $142 Combined sales tax 0.0% 11.5% Combined sales tax: 7.0% — range 0.0% to 11.5% across all metros 7.0% Property tax rate 0.28% 2.76% Property tax rate: 0.77% — range 0.28% to 2.76% across all metros 0.77% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 400 — range 110 to 1,000 across all metros 400 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 16.3 — range 12.3 to 46.6 across all metros 16.3 Avg summer high (°F) 65° 104° Avg summer high (°F): 89° — range 65° to 104° across all metros 89° Avg winter low (°F) -2° 72° Avg winter low (°F): 30° — range -2° to 72° across all metros 30°

Map of Winston-Salem

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100)91.6metro-area#51 of 200
Grocery index (US=100)96.8metro-area#106 of 200
Big Mac price (est.)$5.21metro-area#51 of 200
Median household income$60,145metro-area#171 of 200
Median wage (all occupations)$37,249metro-area#143 of 200

Who lives here

MetricValueScopeUS rank
Median age40.6 yearsmetro-area#158 of 200
Bachelor's degree or higher (25+)29.6%metro-area#141 of 200
Foreign-born residents7.3%metro-area#114 of 200
Homes that are owner-occupied68.5%metro-area#65 of 200

Economy

MetricValueScopeUS rank
Unemployment rate5.18%metro-area#103 of 200
Population growth (5-yr)+3.0%metro-area#118 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price$283,871metro-area#66 of 200
Home price ÷ income (affordability)4.7×metro-area#96 of 200
1-yr home appreciation+2.8%metro-area#59 of 200
Price per square foot$142metro-area#54 of 200
Typical home size (implied)2,001 sqft
Median rent (monthly)$1,546metro-area#93 of 200
Homes for sale (inventory)2,379
Median days on market14metro-area#76 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income)9.9%state#88 of 200
Combined sales tax6.98%state#55 of 200
State income tax (top rate)4.25%
Capital gains tax4.25%state#78 of 200
High earnersNo special surtax
Social Security in retirementNot taxed — does not tax Social Security benefits
Effective property tax rate0.77%metro-area#73 of 200
Median property tax paid$1,490metro-area#35 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth75.0 yearsmetro-area#153 of 200
Healthcare (annual, single adult)$6,600state#65 of 200
Uninsured (share of residents)11.7%metro-area#148 of 200
Primary care providers per 100k77metro-area#95 of 200
Childcare (annual, infant, center)$10,000state#58 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration$130state#107 of 200
Vehicle property tax (annual)1.10% of value (~$308/yr)state#146 of 200
Emissions testingRequired
Emissions detailRequired in major metro counties
DMV & license offices4
Avg commute to work24 minmetro-area#101 of 200
Commute by driving alone77.9%metro-area#144 of 200
Solo drivers commuting 30+ min30.3%metro-area#85 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity16.3¢/kWhstate#72 of 200
Avg monthly electric bill$146state#72 of 200
Gasoline$3.20/galstate#63 of 200
Natural gas (avg monthly bill)$62state#69 of 200
Water & sewer (avg monthly bill)$78state#36 of 200
Home internet (avg monthly bill)$80state#106 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual)$2,000state#110 of 200
Auto insurance (annual)$1,400state#18 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazardsNotable hazards: hurricanes, flooding — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk)81.0 — Relatively Moderatemetro-area#33 of 200
Flood insurance (annual, NFIP)$800state#120 of 200
Earthquake insurance (annual)$100state#1 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner)50metro-area#132 of 200
Cooling degree-days (AC load)1,600metro-area#119 of 200
Homes with air conditioning (state)91%state#115 of 200
Heating degree-days (heat load)3,400metro-area#85 of 200
Days per year ≥ 90°F31metro-area#101 of 200
Days per year ≥ 100°F0metro-area#5 of 200
Avg summer high (state)89°Fmetro-area#113 of 200
Avg winter low30°Fmetro-area#89 of 200
Annual precipitation43.6"metro-area#101 of 200
Annual snowfall5.2"metro-area#89 of 200
Sunshine (% of possible)58%metro-area#105 of 200
Plant hardiness zone7b
Frost window04-01 → 11-10

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg)400state#100 of 200
Property crime (per 100k, state avg)2,200state#98 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores120metro-area#5 of 200
Parks60
Hiking areas15
Golf courses15
Shooting ranges4
Lakes4

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5)3state#87 of 200
Permit detailModerate

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Winston-Salem

Major public and private employers in the Winston-Salem, NC area.

EmployerSectorJobs
Atrium Health Wake Forest Baptist Healthcare Careers →
Novant Health Healthcare Careers →
Reynolds American Other Search →
HanesBrands Manufacturing Careers →
Truist Financial Corp Finance Careers →

Salaries by occupation in Winston-Salem

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $156,990
Marketing Managers $145,980
Pharmacists $137,990
Financial Managers $136,880
Physician Assistants $134,010
Lawyers $129,560
Human Resources Managers $127,490
Software Developers $124,880
Data Scientists $117,450
General & Operations Managers $103,500
Physical Therapists $100,880
Construction Managers $99,560
Registered Nurses $83,020
Mechanical Engineers $83,010
Civil Engineers $80,430
Dental Hygienists $80,410
Accountants & Auditors $76,810
Web Developers $74,930
Police & Sheriff's Patrol Officers $52,020
Electricians $51,120
Elementary School Teachers $51,100
Plumbers, Pipefitters & Steamfitters $50,120
Graphic Designers $49,730
Heavy & Tractor-Trailer Truck Drivers $49,610
Welders, Cutters & Solderers $47,020
Carpenters $46,140
Real Estate Sales Agents $44,760
Medical Assistants $40,570

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