salaryWinston-Salem is 18% 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
$1,867
$1,457
🛏️ 2-bedroom rent
$1,573
$1,107
💵 Families earn per year
$56,147
$63,921
🔑 Buying a house
$373,700
$233,800
📊 Overall prices (U.S. = 100)
112.6
92.0
🏛️ Property tax per year
$7,262
$2,025
⚡ Electric bill per month
$143
$136
👥 People living there
310,178
252,037
Commute to work
32.6 min
21.5 min
College degree
19.7%
39.5%
Own their home
24.4%
55.6%
Below poverty line
23.4%
17.7%
Unemployment
11.6%
5.7%
Bottom line
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Newark | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $35,730 | -66% in Winston-Salem |
| Police Officer | $105,540 | $57,440 | -46% in Winston-Salem |
| Elementary School Teacher | $96,900 | $56,510 | -42% in Winston-Salem |
| Lawyer | $208,880 | $126,250 | -40% in Winston-Salem |
| Operations Manager | $157,000 | $96,840 | -38% in Winston-Salem |
| Server (Waiter/Waitress) | $47,610 | $29,550 | -38% in Winston-Salem |
| Plumber | $78,610 | $49,240 | -37% in Winston-Salem |
| Carpenter | $74,300 | $49,940 | -33% in Winston-Salem |
Frequently asked questions
Is Newark or Winston-Salem cheaper to live in?
Winston-Salem is about 18% cheaper overall. Rent is $1,457 a month there versus $1,867 in Newark.
What salary do I need in Winston-Salem to match $60,000 in Newark?
About $49,062 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Newark or Winston-Salem?
The typical household earns $56,147 in Newark and $63,921 in Winston-Salem, 12% more in Winston-Salem.