Winston-Salem is 6% 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
$1,628
$1,457
🛏️ 2-bedroom rent
$1,322
$1,107
💵 Families earn per year
$71,299
$63,921
🔑 Buying a house
$289,900
$233,800
📊 Overall prices (U.S. = 100)
97.9
92.0
🏛️ Property tax per year
$2,890
$2,025
⚡ Electric bill per month
$147
$136
👥 People living there
233,596
252,037
Commute to work
23 min
21.5 min
College degree
33.5%
39.5%
Own their home
46.3%
55.6%
Below poverty line
16.5%
17.7%
Unemployment
5.7%
5.7%
Bottom line
- Pick Norfolk for higher incomes, less poverty.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Norfolk | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $56,940 | $35,730 | -37% in Winston-Salem |
| Server (Waiter/Waitress) | $39,020 | $29,550 | -24% in Winston-Salem |
| Plumber | $61,870 | $49,240 | -20% in Winston-Salem |
| Civil Engineer | $94,680 | $84,170 | -11% in Winston-Salem |
| Elementary School Teacher | $63,380 | $56,510 | -11% in Winston-Salem |
| Electrician | $62,350 | $56,100 | -10% in Winston-Salem |
| HVAC Technician | $59,470 | $55,360 | -7% in Winston-Salem |
| Market Research Analyst | $69,560 | $73,320 | +5% in Winston-Salem |
Frequently asked questions
Is Norfolk or Winston-Salem cheaper to live in?
Winston-Salem is about 6% cheaper overall. Rent is $1,457 a month there versus $1,628 in Norfolk.
What salary do I need in Winston-Salem to match $60,000 in Norfolk?
About $56,387 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Norfolk or Winston-Salem?
The typical household earns $71,299 in Norfolk and $63,921 in Winston-Salem, 12% more in Norfolk.