Salary Needed to Live in Winston-Salem as a Single
A single adult living independently needs approximately $17,151/year to live comfortably in Winston-Salem, NC — including 10% savings.
Comfortable Salary
$17,151
with 10% savings
Bare Minimum
$14,864
no savings buffer
Monthly Expenses
$929
15% below national avg
Detailed Monthly Budget for a Single in Winston-Salem
| Expense | Winston-Salem | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $118 | $113 | +4% |
| 🛒 Groceries | $18 | $17 | +6% |
| ⚡ Utilities | $11 | $14 | -21% |
| 🚗 Transportation | $19 | $26 | -27% |
| 🛡️ Car Insurance | $169 | $223 | -24% |
| 🏥 Health Insurance | $46 | $56 | -18% |
| Internet | $55 | $65 | -15% |
| Phone | $72 | $85 | -15% |
| Dining & Social | $255 | $300 | -15% |
| Entertainment | $102 | $120 | -15% |
| Personal Care | $64 | $75 | -15% |
| Total Monthly | $929 | $1,094 | -15% |
How We Calculated the Salary
Monthly expenses:$929
Target savings (10%):$119/mo
Monthly after-tax needed:$1,048
Effective tax rate:25%
Gross annual salary needed:$17,151
Other Household Types in Winston-Salem
Related Pages
FAQ
What salary does a single person need in Winston-Salem?
A single person needs approximately $17,151/year ($1,429/month gross) to live comfortably in Winston-Salem with a 10% savings rate.
How much is rent for a single person in Winston-Salem?
A studio/1br in Winston-Salem costs approximately $118/month, which is the largest single expense at 13% of the total budget.
Is Winston-Salem affordable for a single person?
Yes, Winston-Salem is 15% more affordable than the national average for a single person.