Salary Needed to Live in Winston-Salem as a Couple

A couple sharing expenses without children needs approximately $23,752/year to live comfortably in Winston-Salem, NC — including 12% savings.

Comfortable Salary
$23,752
with 12% savings
Bare Minimum
$19,952
no savings buffer
Monthly Expenses
$1,247
15% below national avg

Detailed Monthly Budget for a Couple in Winston-Salem

ExpenseWinston-SalemNat'l AvgDiff
🏠 1-2BR Apartment Rent$144$137+5%
🛒 Groceries$27$270%
⚡ Utilities$15$19-21%
🚗 Transportation$25$35-29%
🛡️ Car Insurance$169$223-24%
🏥 Health Insurance$46$56-18%
Internet$55$65-15%
Phone (×2)$119$140-15%
Dining & Social$383$450-15%
Entertainment$153$180-15%
Personal Care (×2)$111$130-15%
Total Monthly$1,247$1,462-15%

How We Calculated the Salary

Monthly expenses:$1,247
Target savings (12%):$203/mo
Monthly after-tax needed:$1,450
Effective tax rate:25%

Gross annual salary needed:$23,752

Other Household Types in Winston-Salem

Single Person
$17,151/yr
$929/mo expenses
Family with Kids
$50,320/yr
$2,516/mo expenses
Retiree
$17,777/yr
$1,037/mo expenses

Related Pages

Living Alone in Winston-SalemCity OverviewAfford on $75K?Afford on $100K?Cost of Living

FAQ

What salary does a couple (no kids) need in Winston-Salem?
A couple (no kids) needs approximately $23,752/year ($1,979/month gross) to live comfortably in Winston-Salem with a 12% savings rate.
How much is rent for a couple (no kids) in Winston-Salem?
A 1-2br apartment in Winston-Salem costs approximately $144/month, which is the largest single expense at 12% of the total budget.
Is Winston-Salem affordable for a couple (no kids)?
Yes, Winston-Salem is 15% more affordable than the national average for a couple (no kids).
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