CostIndexUSA

Asheville, NC vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NC
Asheville
96.5
overall index
$1,750/mo rent
More AffordableNC
Winston-Salem
92
overall index
$1,075/mo rent

Winston-Salem is slightly cheaper than Asheville — 4.7% lower overall cost of living.

To match an $80,000 salary in Asheville, you would need $76,300 in Winston-Salem. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing23.6%
Asheville
93.4
Winston-Salem
71.4
🛒 Groceries≈ Equal
Asheville
96.6
Winston-Salem
96.6
🚗 Transportation≈ Equal
Asheville
103.1
Winston-Salem
103.1
🏥 Healthcare≈ Equal
Asheville
93.3
Winston-Salem
93.3
Utilities≈ Equal
Asheville
88.6
Winston-Salem
88.4

Salary Equivalency Calculator

Enter your current salary in Asheville to see what you'd need to earn in Winston-Salem to maintain the same purchasing power.

$
Equivalent salary in Winston-Salem, NC
$76,300
$3,700 less needed in Winston-Salem

Formula: salary × (92 ÷ 96.5) = salary × 0.9534. Based on BEA Regional Price Parities.

Housing Market

Asheville, NC

Median Home Price
$413,000
Median Monthly Rent
$1,750
Housing Index
93.4
Price-to-Rent Ratio
19.7×

Winston-Salem, NC

Median Home Price
$355,000
Median Monthly Rent
$1,075
Housing Index
71.4
Price-to-Rent Ratio
27.5×

Asheville has 23.6% lower housing costs compared to Winston-Salem.

Income & Job Market

Asheville, NC

Median Household Income
$67,800
Per Capita Income
$38,600
Unemployment Rate
3.1%
Population
92,452
Top Industries
TourismHealthcareTechnologyArtsManufacturing

Winston-Salem, NC

Median Household Income
$64,400
Per Capita Income
$36,700
Unemployment Rate
4.2%
Population
247,945
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Asheville, NC
3.2×income-to-rent ratio

69% of income left after rent (median)

Winston-Salem, NC
5.0×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.