Cost of Living in Winston-Salem, NC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.4
100 = national avg
-1.6 vs national average
Living Wage (1 Adult)
$43,287
per year
Living Wage (Family of 4)
$102,314
per year
Cost Index by Category
Housing109.9
Food94.1
Transportation88.2
Healthcare95.3
Utilities98.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,082
per month
2 Bedroom
$1,232
per month
The overall cost of living index in Winston-Salem is 98.4, which is 1.6% below the national average. Housing costs are above the national average at an index of 109.9. A single adult needs to earn approximately $43,287 per year to cover basic expenses.