Calculate using real Winston-Salem data. Median home price: $220,000. Property tax rate: 0.99%.
Winston-Salem, NC has a cost of living index of 85, where 100 represents the national average. This means living in Winston-Salem is 15% less expensive the national average.
The median household income in Winston-Salem, NC is $44,702. Combined with a cost of living index of 85, this provides a picture of purchasing power in the area.
The median home price in Winston-Salem, NC is $220,000 with a property tax rate of 0.99%. Monthly housing costs (mortgage + taxes + insurance) on a median-priced home would be approximately $1,444.