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

Who lives here

MetricValueScopeUS rank
Median age 40.6 years metro-area #158 of 200
Bachelor's degree or higher (25+) 29.6% metro-area #141 of 200
Foreign-born residents 7.3% metro-area #114 of 200
Homes that are owner-occupied 68.5% metro-area #65 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 5.18% 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 $283,871 metro-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 $142 metro-area #54 of 200
Typical home size (implied) 2,001 sqft
Median rent (monthly) $1,546 metro-area #93 of 200
Homes for sale (inventory) 2,379
Median days on market 14 metro-area #76 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 9.9% state #88 of 200
Combined sales tax 6.98% state #55 of 200
State income tax (top rate) 4.25%
Capital gains tax 4.25% state #78 of 200
High earners No special surtax
Social Security in retirement Not taxed — does not tax Social Security benefits
Effective property tax rate 0.77% metro-area #73 of 200
Median property tax paid $1,490 metro-area #35 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 75.0 years metro-area #153 of 200
Healthcare (annual, single adult) $6,600 state #65 of 200
Uninsured (share of residents) 11.7% metro-area #148 of 200
Primary care providers per 100k 77 metro-area #95 of 200
Childcare (annual, infant, center) $10,000 state #58 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $130 state #107 of 200
Vehicle property tax (annual) 1.10% of value (~$308/yr) state #146 of 200
Emissions testing Required
Emissions detail Required in major metro counties
DMV & license offices 4
Avg commute to work 24 min metro-area #101 of 200
Commute by driving alone 77.9% metro-area #144 of 200
Solo drivers commuting 30+ min 30.3% metro-area #85 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 16.3¢/kWh state #72 of 200
Avg monthly electric bill $146 state #72 of 200
Gasoline $3.20/gal state #63 of 200
Natural gas (avg monthly bill) $62 state #69 of 200
Water & sewer (avg monthly bill) $78 state #36 of 200
Home internet (avg monthly bill) $80 state #106 of 200

Insurance

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

Disaster risk & supplemental insurance

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

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 50 metro-area #132 of 200
Cooling degree-days (AC load) 1,600 metro-area #119 of 200
Homes with air conditioning (state) 91% state #115 of 200
Heating degree-days (heat load) 3,400 metro-area #85 of 200
Days per year ≥ 90°F 31 metro-area #101 of 200
Days per year ≥ 100°F 0 metro-area #5 of 200
Avg summer high (state) 89°F metro-area #113 of 200
Avg winter low 30°F metro-area #89 of 200
Annual precipitation 43.6" metro-area #101 of 200
Annual snowfall 5.2" metro-area #89 of 200
Sunshine (% of possible) 58% metro-area #105 of 200
Plant hardiness zone 7b
Frost window 04-01 → 11-10

Safety

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

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 120 metro-area #5 of 200
Parks 60
Hiking areas 15
Golf courses 15
Shooting ranges 4
Lakes 4

Permits

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

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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