salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Winston-Salem to live the same way.
🏠 Rent per month
$1,399
$1,457
🛏️ 2-bedroom rent
$1,194
$1,107
💵 Families earn per year
$55,797
$63,921
🔑 Buying a house
$169,000
$233,800
📊 Overall prices (U.S. = 100)
92.2
92.0
🏛️ Property tax per year
$1,845
$2,025
⚡ Electric bill per month
$223
$136
👥 People living there
618,980
252,037
Commute to work
21.1 min
21.5 min
College degree
28%
39.5%
Own their home
44.9%
55.6%
Below poverty line
23.1%
17.7%
Unemployment
8.3%
5.7%
Bottom line
- Pick Memphis for lower rent, cheaper homes, shorter commutes.
- Pick Winston-Salem for cheaper 2-bedroom apartments, higher incomes, a more educated workforce and 2 more.
Pay for the same job
| Job | Memphis | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $62,910 | $35,730 | -43% in Winston-Salem |
| Police Officer | $75,410 | $57,440 | -24% in Winston-Salem |
| Dental Hygienist | $78,580 | $95,930 | +22% in Winston-Salem |
| Server (Waiter/Waitress) | $24,550 | $29,550 | +20% in Winston-Salem |
| Truck Driver | $63,070 | $51,320 | -19% in Winston-Salem |
| Medical Assistant | $39,260 | $45,810 | +17% in Winston-Salem |
| Plumber | $58,690 | $49,240 | -16% in Winston-Salem |
| Customer Service Representative | $44,090 | $38,410 | -13% in Winston-Salem |
Frequently asked questions
Is Memphis or Winston-Salem cheaper to live in?
Memphis and Winston-Salem cost about the same once rent and everyday costs are combined.
What salary do I need in Winston-Salem to match $60,000 in Memphis?
About $59,911 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Memphis or Winston-Salem?
The typical household earns $55,797 in Memphis and $63,921 in Winston-Salem, 13% more in Winston-Salem.