Mid-Size City249,545 people

Winston-Salem, NC

Discover how far your salary goes in Winston-Salem. Compare taxes, rent, and living costs.

Cost Index
114
⚖️ Average
Population

249,545

State Tax

5.3%

1BR Rent

$1,529

/month

vs National

+9%

above avg

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Rent Prices in Winston-Salem

🏠

Studio

$1,223

/month

$14,676/year

Most Common
🛏️

1 Bedroom

$1,529

/month

$18,348/year

🏡

2 Bedroom

$2,065

/month

$24,780/year

🏘️

3 Bedroom

$2,677

/month

$32,124/year

Taxes in North Carolina

State Income Tax

North Carolina

5.3%

For a $100k salary, that's ~$5,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Winston-Salem, NC?

Winston-Salem has a cost of living index of 114, which is 14% above the national average. A 1-bedroom apartment costs around $1,529/month.

What is the state income tax in North Carolina?

North Carolina has a state income tax rate of approximately 5.3%. This is in addition to federal income tax.

How much is rent in Winston-Salem?

The median rent for a 1-bedroom apartment in Winston-Salem is $1,529/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.

Is Winston-Salem a good place to live?

Winston-Salem is a mid-size city with a population of 249,545. The cost of living is average, making it about average cost for the US.

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