About the sameBased 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
$994
$1,457
🛏️ 2-bedroom rent
$1,028
$1,107
💵 Families earn per year
$53,627
$63,921
🔑 Buying a house
$114,500
$233,800
📊 Overall prices (U.S. = 100)
91.5
92.0
🏛️ Property tax per year
$1,849
$2,025
⚡ Electric bill per month
$107
$136
👥 People living there
267,463
252,037
Commute to work
19.8 min
21.5 min
College degree
21.9%
39.5%
Own their home
53.3%
55.6%
Below poverty line
24.3%
17.7%
Unemployment
7.7%
5.7%
Bottom line
- Pick Toledo for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Winston-Salem for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Toledo | Winston-Salem | Difference |
|---|---|---|---|
| Firefighter | $60,590 | $35,730 | -41% in Winston-Salem |
| Plumber | $66,920 | $49,240 | -26% in Winston-Salem |
| Dental Hygienist | $76,580 | $95,930 | +25% in Winston-Salem |
| Electrician | $74,710 | $56,100 | -25% in Winston-Salem |
| Police Officer | $73,650 | $57,440 | -22% in Winston-Salem |
| Software Developer | $104,360 | $124,130 | +19% in Winston-Salem |
| Server (Waiter/Waitress) | $36,140 | $29,550 | -18% in Winston-Salem |
| Carpenter | $61,070 | $49,940 | -18% in Winston-Salem |
Frequently asked questions
Is Toledo or Winston-Salem cheaper to live in?
Toledo and Winston-Salem cost about the same once rent and everyday costs are combined.
What salary do I need in Winston-Salem to match $60,000 in Toledo?
About $60,386 a year gives the same standard of living in Winston-Salem.
Where do people earn more, Toledo or Winston-Salem?
The typical household earns $53,627 in Toledo and $63,921 in Winston-Salem, 16% more in Winston-Salem.