CostIndexUSA

Syracuse, NY vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
Syracuse
95.7
overall index
$1,575/mo rent
More AffordableNC
Winston-Salem
92
overall index
$1,075/mo rent

Winston-Salem is slightly cheaper than Syracuse — 3.9% lower overall cost of living.

To match an $80,000 salary in Syracuse, you would need $76,900 in Winston-Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing11.5%
Syracuse
80.7
Winston-Salem
71.4
🛒 Groceries3.1%
Syracuse
99.7
Winston-Salem
96.6
🚗 Transportation≈ Equal
Syracuse
102.6
Winston-Salem
103.1
🏥 Healthcare≈ Equal
Syracuse
92.9
Winston-Salem
93.3
Utilities33.7%
Syracuse
133.4
Winston-Salem
88.4

Salary Equivalency Calculator

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

$
Equivalent salary in Winston-Salem, NC
$76,900
$3,100 less needed in Winston-Salem

Formula: salary × (92 ÷ 95.7) = salary × 0.9613. Based on BEA Regional Price Parities.

Housing Market

Syracuse, NY

Median Home Price
$245,000
Median Monthly Rent
$1,575
Housing Index
80.7
Price-to-Rent Ratio
13.0×

Winston-Salem, NC

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

Syracuse has 11.5% lower housing costs compared to Winston-Salem.

Income & Job Market

Syracuse, NY

Median Household Income
$73,300
Per Capita Income
$41,800
Unemployment Rate
4%
Population
148,458
Top Industries
HealthcareEducationManufacturingFinanceGovernment

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).

Syracuse, NY
3.9×income-to-rent ratio

74% 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.