Cost of Living in Winston - Salem, NC
| Cost of Living in Winston - Salem, NC | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 10% lower | 23% lower |
| Utilities (Monthly) | 6% lower | 8% lower |
| Food | 3% lower | 3% lower |
| Healthcare | 5% higher | 11% higher |
| Transportation | 2% lower | 7% lower |
| Goods & Services | 6% higher | 6% higher |
The cost of living in Winston - Salem, NC is 1% lower than the state average and 6% lower than the national average. Winston - Salem, NC housing is 23% cheaper than the U.S average, while utilities are about 8% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 3% cheaper in Winston - Salem, NC than in the rest of the country, while clothing costs around 6% more .
Healthcare services such as doctor check-ups and dentistry cost 11% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% pricier in Winston - Salem, NC.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Winston - Salem is $1,255, while home prices circle around $365,671.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Winston - Salem, energy bills cost around $176.05 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.58 in Winston - Salem, a dozen eggs go for around $3.69 and a pound of potatoes circles around $5.03.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Winston - Salem, an optometry check-up costs around $145.06, while a dentist appointment is priced $125.59 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.21 in Winston - Salem, while getting your tires balanced will run you about $52.46.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $40.37 here. Meanwhile, a pair of women's slacks will set you back around $37.16.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Winston - Salem, you should budget around $11.59 a month. When it comes to personal services, a haircut usually goes for $22.25, while dry cleaning costs about $19.00.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Winston - Salem, the median household income is $65,670.