salaryWinston-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
$1,644
$1,457
🛏️ 2-bedroom rent
$1,520
$1,107
💵 Families earn per year
$69,657
$63,921
🔑 Buying a house
$353,000
$233,800
📊 Overall prices (U.S. = 100)
97.9
92.0
🏛️ Property tax per year
$3,150
$2,025
⚡ Electric bill per month
$141
$136
👥 People living there
229,359
252,037
Commute to work
21.7 min
21.5 min
College degree
45.6%
39.5%
Own their home
43.5%
55.6%
Below poverty line
18.2%
17.7%
Unemployment
5.7%
5.7%
Bottom line
- Pick Richmond for higher incomes, a more educated workforce.
- Pick Winston-Salem for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Pay for the same job
| Job | Richmond | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $60,790 | $35,730 | -41% in Winston-Salem |
| Server (Waiter/Waitress) | $38,470 | $29,550 | -23% in Winston-Salem |
| Plumber | $61,480 | $49,240 | -20% in Winston-Salem |
| Lawyer | $144,910 | $126,250 | -13% in Winston-Salem |
| Truck Driver | $58,190 | $51,320 | -12% in Winston-Salem |
| Operations Manager | $108,670 | $96,840 | -11% in Winston-Salem |
| Retail Salesperson | $33,580 | $30,100 | -10% in Winston-Salem |
| Market Research Analyst | $81,660 | $73,320 | -10% in Winston-Salem |
Frequently asked questions
Is Richmond or Winston-Salem cheaper to live in?
Winston-Salem is about 6% cheaper overall. Rent is $1,457 a month there versus $1,644 in Richmond.
What salary do I need in Winston-Salem to match $60,000 in Richmond?
About $56,435 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Richmond or Winston-Salem?
The typical household earns $69,657 in Richmond and $63,921 in Winston-Salem, 9% more in Richmond.
More comparisons
All Richmond comparisons → · All Winston-Salem comparisons →