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Our beloved twin city is #18, and the only city in the United States represented on Bloomberg Business Week’s list of 26 of the world’s “Cheapest Cities for Expensive Living” (ie. highest lifestyle for the lowest cost).
Winston-Salem on the Map
Here’s some of the stats listed in the article:
No. 18 Cheapest City for Expensive Living: Winston-Salem, N.C.
- Monthly rent, unfurnished 2-br luxury apartment: $500
- Lunch for one at a nice restaurant: $40
- One liter of gas, unleaded 95 octane: $0.81
- Beer, local brand: $0.93
- Cup of coffee, including service: $3.50
This city of 230,000 people is the least-expensive U.S. city in Mercer’s survey. Winston-Salem, home to Reynolds American (RAI)—the holding company of cigarette maker R.J. Reynolds Tobacco—as well as Wake Forest University, Wake Forest University Baptist Medical Center, Novant Health, and Hanesbrands (HBI), has a median household income of $41,979 and a poverty rate of 13.5 percent, according to U.S. Census Bureau data.
– Source: Business Week
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