Chesapeake, VA vs Winston-Salem, NC — Cost of Living Comparison

Equivalent Salary

$100,000 in Chesapeake, VA = $93,439 in Winston-Salem, NC

Buying power is -6.6% lower in Winston-Salem, NC

Median Rent

$1,523 vs $1,033

-32.2% lower in Winston-Salem, NC

Median Income

$94,189 vs $57,673

-38.8% lower in Winston-Salem, NC

Home Value

$359,100 vs $208,200

-42.0% lower in Winston-Salem, NC

Price Level

100.7 vs 94.1

US avg = 100

Salary Needed for Median Rent
$60,900 vs $41,300
30% of gross income guideline

Rent as % of Income

19.4% vs 21.5%

Lower is more affordable