salaryWinston-Salem is 9% 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
$2,185
$1,457
🛏️ 2-bedroom rent
$1,814
$1,107
💵 Families earn per year
$103,336
$63,921
🔑 Buying a house
$463,600
$233,800
📊 Overall prices (U.S. = 100)
100.7
92.0
🏛️ Property tax per year
$2,160
$2,025
⚡ Electric bill per month
$204
$136
👥 People living there
196,906
252,037
Commute to work
28.2 min
21.5 min
College degree
36.3%
39.5%
Own their home
76%
55.6%
Below poverty line
8.4%
17.7%
Unemployment
4%
5.7%
Bottom line
- Pick Peoria for higher incomes, less poverty, lower unemployment.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Frequently asked questions
Is Peoria or Winston-Salem cheaper to live in?
Winston-Salem is about 9% cheaper overall. Rent is $1,457 a month there versus $2,185 in Peoria.
What salary do I need in Winston-Salem to match $60,000 in Peoria?
About $54,854 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Peoria or Winston-Salem?
The typical household earns $103,336 in Peoria and $63,921 in Winston-Salem, 62% more in Peoria.