Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Cost difference, salary adjustment needed, rent comparison, and financial impact of this move.
Moving to Winston-Salem is roughly financially neutral — costs and incomes shift together.
Winston-Salem has a cost index of 84 vs 72 for Memphis. Winston-Salem is 12 points more expensive overall. Monthly rent goes from $1,234 to $1,445 (+17%).
If you earn the Memphis median of $51,211, you would need approximately $59,746/year in Winston-Salem to maintain equivalent purchasing power, based on the cost index difference of 12 points (17%).
Median rent in Memphis is $1,234/month. In Winston-Salem it is $1,445/month — a difference of +$211 per month, or $2,532 per year.
Moving to Winston-Salem is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $59,746/year in Winston-Salem. The median income there is $57,673.