Cost of Living in Winston - Salem, NC
Cost of Living in Winston - Salem, NC | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 6% lower | 20% lower |
Utilities (Monthly) | 7% lower | 9% lower |
Food | 1% lower | 1% lower |
Healthcare | 7% higher | 15% higher |
Transportation | 0% | 6% lower |
Goods & Services | 8% higher | 7% higher |
The cost of living in Winston - Salem, NC is 1% higher than the state average and 4% lower than the national average. Winston - Salem, NC housing is 20% cheaper than the U.S average, while utilities are about 9% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 7% more in Winston - Salem, NC than in the rest of the country, while clothing costs around 7% more .
Healthcare services such as doctor check-ups and dentistry cost 15% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 7% pricier in Winston - Salem, NC.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Winston - Salem is $891, while home prices circle around $327,125.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Winston - Salem, energy bills cost around $158.82 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.86 in Winston - Salem, a dozen eggs go for around $2.92 and a pound of potatoes circles around $4.91.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Winston - Salem, an optometry check-up costs around $138.50, while a dentist appointment is priced $131.00 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.60 in Winston - Salem, while getting your tires balanced will run you about $51.75.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $35.62 here. Meanwhile, a pair of women's slacks will set you back around $34.35.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Winston - Salem, you should budget around $12.54 a month. When it comes to personal services, a haircut usually goes for $20.63, while dry cleaning costs about $13.45.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Winston - Salem, the median household income is $65,670.