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Winston-Salem named in top 5 ‘affordable cities’

WINSTON-SALEM, N.C. — The Twin City has been ranked one of the best in the country when it comes to affordable living.

The website thesimpledollar.com conducted the research and ranked the city No. 2 based on home and rental prices, income and amenities.

“I realized right off the bat that this is an incredible value,” said Elizabeth Carlson, who moved to the city 19 years ago from Boston to raise her family. “You can live a good quality life with lots of nice amenities without paying a fortune.”

The financial website looked at the city’s median house price of $106,000 which is $60,000 less than the national average. The city’s average rental price for a 1-bedroom apartment is $585, which is $200 less than the national average.

Other factors included the city’s award-winning restaurants, brewery’s, theaters, parks and downtown which has become a destination in itself.

“I work with a lot people in Charlotte, New York and out West,” said Winston-Salem resident Michelle Clifton. “It is by far the most reasonable housing and provides job opportunities here as well.”

Top 5

1 Buffalo, NY
2 Winston-Salem, NC
3 Jacksonville, FL
4 Cincinnati, OH
5 Louisville, KY

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