Winston-Salem is 19% cheaperBased 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
$2,538
$1,457
🛏️ 2-bedroom rent
$1,983
$1,107
💵 Families earn per year
$67,365
$63,921
🔑 Buying a house
$518,100
$233,800
📊 Overall prices (U.S. = 100)
114.2
92.0
🏛️ Property tax per year
$4,586
$2,025
⚡ Electric bill per month
$133
$136
👥 People living there
459,745
252,037
Commute to work
27.3 min
21.5 min
College degree
37.4%
39.5%
Own their home
30.8%
55.6%
Below poverty line
19.4%
17.7%
Unemployment
5.2%
5.7%
Bottom line
- Pick Miami for higher incomes, lower unemployment.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Pay for the same job
| Job | Miami | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $75,710 | $35,730 | -53% in Winston-Salem |
| Police Officer | $79,840 | $57,440 | -28% in Winston-Salem |
| Lawyer | $160,320 | $126,250 | -21% in Winston-Salem |
| Server (Waiter/Waitress) | $36,070 | $29,550 | -18% in Winston-Salem |
| Dental Hygienist | $82,780 | $95,930 | +16% in Winston-Salem |
| Plumber | $57,760 | $49,240 | -15% in Winston-Salem |
| Retail Salesperson | $34,330 | $30,100 | -12% in Winston-Salem |
| Operations Manager | $105,640 | $96,840 | -8% in Winston-Salem |
Frequently asked questions
Is Miami or Winston-Salem cheaper to live in?
Winston-Salem is about 19% cheaper overall. Rent is $1,457 a month there versus $2,538 in Miami.
What salary do I need in Winston-Salem to match $60,000 in Miami?
About $48,378 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Miami or Winston-Salem?
The typical household earns $67,365 in Miami and $63,921 in Winston-Salem, 5% more in Miami.