Winston-Salem, N.C.
Cost of Living Index: 87.5
City Population: 229,617
Median Household Income: $41,483 (U.S. median: $51,914)
Average Home Price: $199,118 (U.S. average: $283,529)
Winston-Salem is far and away the most budget-friendly big city in the Tar Heel State, with Raleigh a distant second. The average home sells for under $200,000, and a typical apartment rents for just $590 a month. Cheap housing is offset somewhat by the highest grocery and health-care expenses of our cheapest 10 cities. Wake Forest University and cigarette maker Reynolds American are among the area's biggest employers.
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on Feb. 28, 2013 at 10:58 AM
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on Feb. 28, 2013 at 11:04 AM
Ummmm how do they figure this? Is it the size of the city? We live in a small city but I'd bet our median housing cost was around 125.
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on Feb. 28, 2013 at 12:59 PM
What is the average apartment? 1 bed 2 bed? I think its cool they like to rank cities however the cost of living is much different city to city and state to state. How do you really know its worth.
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on Feb. 28, 2013 at 1:30 PM
Thank you, I didnt make it back to my computer yet & couldnt link via my Nook.
Quoting mom2jessnky:Full article here, the people that made this are high, there are WAYYYYYY cheaper places to live.
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on Feb. 28, 2013 at 3:08 PM
I do agree that salaries can be commensurate with the cost of living. It doesn't always add up, but it does make a difference.
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- MamaMandee
on Feb. 28, 2013 at 10:58 AM