Skyline of Winston-Salem
Cost of Living: 92.5 249,545

Winston-Salem, NC, US

Twin City with tobacco history, Wake Forest, and affordable Piedmont living.

Updated September 12, 2026

Overview

Winston-Salem is a city in NC with a population of 249,545. Twin City with tobacco history, Wake Forest, and affordable Piedmont living. Housing is more affordable than the national average. The overall cost of living is below the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. Reported crime rates are relatively high.

Last updated: September 12, 2026

Cost of Living 92.5

Below Average vs US Avg (100)

Housing Index 82.5

Affordable

Median Income $46,000

Household income

Unemployment 3.6%

Job market health

Winston-Salem vs US Average

Cost of Living
Winston-Salem: 92.5
US Avg: 100
Housing Index
Winston-Salem: 82.5
US Avg: 100
State Income Tax
Winston-Salem: 4.75%
US Avg: ~5%

Taxes

  • State Income Tax: 4.8%
  • Sales Tax: 6.8%

Economy & Jobs

  • Median Income: $46,000
  • Unemployment: 3.6%
  • Population: 249,545

Climate

  • Sunny Days: 218/year
  • Summer High: 88°F
  • Winter Low: 29°F
  • Farming Zone: USDA Zone 5b

Housing

  • Median Home: $210,000
  • 1BR Rent: $1100/mo

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Cost of Living

Winston-Salem's cost of living index is 92.5 (US average = 100).

CategoryWinston-SalemNational AverageDifference
Overall92.5100-7.5%
Housing82.5100-17.5%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$210,000
Median Rent (1BR)$1100/mo
Median Rent (2BR)$1,375/mo
Price per Sq Ft$140

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Winston-Salem:

UtilityEstimated Monthly CostNotes
Electricity$105Based on ~900 kWh/month typical US household usage
Heating & Cooling$74Estimated based on local climate. Gas or electric
Cooling (AC)$4Estimated based on local climate and electricity rates
Water$50Includes sewer
Internet (100+ Mbps)$55Broadband average
Garbage / Trash$25Private service
Total Utilities$313Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Winston-Salem scores —/100 for remote work readiness:

Cost of Living
— 92.5
Rent
— $1100
Sunny Days
— 218
Tax
— 4.75%
Unemployment
— 3.6%
Climate
— 88°F / 29°F
Safety
— 11.4 homicides/100k
Population
— 249,545
Internet Speed
— 200 Mbps

Climate

Winston-Salem has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January49°F29°F2.5"
April73°F44°F2.8"
July88°F63°F1.5"
October68°F47°F2.2"
USDA Zone 5b

Cool — many vegetables, some fruit trees

Natural Hazards

Winston-Salem faces the following natural hazards:

Flood High Risk

Flash floods.

Heat Wave High Risk

Summer heat waves.

Hurricane High Risk

Coastal areas affected by hurricanes.

Tornado Moderate Risk

Tornado risk.

Landslide Moderate Risk

Piedmont region with landslide risk.

Wildfire Moderate Risk

Wildfire risk in forested areas.

Blizzard Moderate Risk

Winter storms.

Drought Moderate Risk

Periodic drought conditions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 4.75%
  • Sales Tax: 6.75%
  • Property Tax: ~0.98% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.6%.

Crime & Safety

Crime rates in Winston-Salem per 100,000 residents:

809.7
Violent Crime
2,921.2
Property Crime
11.4
Homicide

Data source: FBI Uniform Crime Reporting

Schools & Education

33/100
School Quality Score
Better than 21% of US cities
?
31
Total Schools
11.9:1
Student:Teacher
99.0%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Winston-Salem is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
2.2%
Black or African American
31.8%
Hispanic or Latino
17.9%
Native American
0.2%
Native Hawaiian or Pacific Islander
0.0%
Other
0.6%
Two or more races
3.4%
White
44.0%

Education

Bachelor's degree or higher
37.2%
High school graduate
23.7%
Less than high school
11.6%
Some college
27.5%

Religion

Christian
75.0%
Other
6.0%
Unaffiliated
19.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Winston-Salem, NC, US?

The cost of living index in Winston-Salem is 92.5, which is Lower the US national average of 100.

How much does it cost to buy a home in Winston-Salem?

The median home price in Winston-Salem is $210,000. The housing index is 82.5.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Winston-Salem is approximately $1100/mo.

Does Winston-Salem, NC have income tax?

Winston-Salem is in NC, which has an income tax rate of 4.75%.

What is the climate like in Winston-Salem?

Winston-Salem enjoys approximately 218 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 29°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.