salaryWinston-Salem is 12% 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
$1,649
$1,457
🛏️ 2-bedroom rent
$1,805
$1,107
💵 Families earn per year
$87,192
$63,921
🔑 Buying a house
$362,200
$233,800
📊 Overall prices (U.S. = 100)
104.8
92.0
🏛️ Property tax per year
$4,339
$2,025
⚡ Electric bill per month
$91
$136
👥 People living there
427,246
252,037
Commute to work
22 min
21.5 min
College degree
55.5%
39.5%
Own their home
47.7%
55.6%
Below poverty line
16%
17.7%
Unemployment
5.9%
5.7%
Bottom line
- Pick Minneapolis for higher incomes, a more educated workforce, less poverty.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Minneapolis | Winston-Salem | Difference |
|---|---|---|---|
| Plumber | $101,630 | $49,240 | -52% in Winston-Salem |
| Police Officer | $97,190 | $57,440 | -41% in Winston-Salem |
| Carpenter | $74,060 | $49,940 | -33% in Winston-Salem |
| Electrician | $81,890 | $56,100 | -31% in Winston-Salem |
| Elementary School Teacher | $79,730 | $56,510 | -29% in Winston-Salem |
| HVAC Technician | $77,490 | $55,360 | -29% in Winston-Salem |
| Market Research Analyst | $97,910 | $73,320 | -25% in Winston-Salem |
| Customer Service Representative | $49,480 | $38,410 | -22% in Winston-Salem |
Frequently asked questions
Is Minneapolis or Winston-Salem cheaper to live in?
Winston-Salem is about 12% cheaper overall. Rent is $1,457 a month there versus $1,649 in Minneapolis.
What salary do I need in Winston-Salem to match $60,000 in Minneapolis?
About $52,685 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Minneapolis or Winston-Salem?
The typical household earns $87,192 in Minneapolis and $63,921 in Winston-Salem, 36% more in Minneapolis.
More comparisons
All Minneapolis comparisons → · All Winston-Salem comparisons →