Cost of Living in Winston-Salem, NC
Winston-Salem has a cost of living index of 86 (100 = national average), making it more affordable than the national average. The median household income is $44,424 and the median home price is $215,000.
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Winston-Salem at a Glance
Population
252,242
Cost of Living Index
86
Median Income
$44,424
Median Home Price
$215,000
Property Tax Rate
1.07%
Sales Tax Rate
7.00%
Rent Index
75
State
North Carolina
Living in Winston-Salem
Winston-Salem offers a cost of living below the national average, making it an attractive option for those looking to stretch their dollar further. The median home price of $215,000 is well within reach for many families.
The combined sales tax rate in Winston-Salem is 7.00%, and the effective property tax rate is 1.07%. Property taxes are close to the national average.