Austin is 89% more expensive than Winston-Salem.
When comparing Austin, TX and Winston-Salem, NC, the overall cost of living indices are 134 and 71 respectively (national median = 100). Rent is $622/month cheaper in Winston-Salem, saving renters about $7,464/year.
Median household income is $33,788/year higher in Austin. Home values also differ significantly — the median in Austin is $512,700 compared to $208,200 in Winston-Salem.
Texas has no state income tax, giving Austin residents a significant tax advantage over North Carolina's 4.5% rate.
Austin vs Winston-Salem — common questions
Other cost of living comparisons for Austin and Winston-Salem