Housing costs in Winston-Salem?
A typical home costs
$214,000, which is 36.7% less expensive than the national average of
$338,100 and 26.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Winston-Salem costs
$920 per month, which is 17.1% cheaper than the national average of
$1,110 and 2.2% cheaper than the state average of
$940.
Can I afford Winston-Salem?
To live comfortably in Winston-Salem (zip 27107), North Carolina, a minimum annual income of
$41,040 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Winston-Salem?
The cost of living in 27107 Winston-Salem, NC is relatively low compared to the national average. The median home price is around $145,000, making it an affordable option for many potential homebuyers looking for a quality place to live. The overall cost of groceries and other consumer goods is also lower than the U.S. average, keeping costs of everyday life down for families in the area. Moreover, with a median household income of just over $43,000 a year and low tax rates, residents can enjoy savings on their living expenses while still maintaining a comfortable lifestyle.