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
$1,822
$1,457
🛏️ 2-bedroom rent
$1,658
$1,107
💵 Families earn per year
$92,099
$63,921
🔑 Buying a house
$415,800
$233,800
📊 Overall prices (U.S. = 100)
98.2
92.0
🏛️ Property tax per year
$3,048
$2,025
⚡ Electric bill per month
$133
$136
👥 People living there
481,031
252,037
Commute to work
23 min
21.5 min
College degree
54%
39.5%
Own their home
50.7%
55.6%
Below poverty line
11.9%
17.7%
Unemployment
4.4%
5.7%
Bottom line
- Pick Raleigh for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Raleigh | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $45,640 | $35,730 | -22% in Winston-Salem |
| Plumber | $60,540 | $49,240 | -19% in Winston-Salem |
| Civil Engineer | $101,440 | $84,170 | -17% in Winston-Salem |
| Operations Manager | $114,940 | $96,840 | -16% in Winston-Salem |
| Server (Waiter/Waitress) | $34,860 | $29,550 | -15% in Winston-Salem |
| Police Officer | $65,860 | $57,440 | -13% in Winston-Salem |
| Retail Salesperson | $33,100 | $30,100 | -9% in Winston-Salem |
| Customer Service Representative | $41,900 | $38,410 | -8% in Winston-Salem |
Frequently asked questions
Is Raleigh or Winston-Salem cheaper to live in?
Winston-Salem is about 6% cheaper overall. Rent is $1,457 a month there versus $1,822 in Raleigh.
What salary do I need in Winston-Salem to match $60,000 in Raleigh?
About $56,263 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Raleigh or Winston-Salem?
The typical household earns $92,099 in Raleigh and $63,921 in Winston-Salem, 44% more in Raleigh.