Winston-Salem is “Cheapest City for Expensive Living”

Alex Schenker Updated: November 19, 2014 News

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Winston-Salem Skyline

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

About The Author: Alex Schenker

Alex has lived in Winston-Salem since 2004. He has seen the city grow up from a time when almost no one gathered downtown, to today's thriving and bustling city with great selections of restaurants, events, concerts, and more. He's proud to be part of the Arts and Innovation movement.

When he's not sipping a draft at Foothills brewery, chowing down on a tomato pie at Mozelle's for lunch, or dancing to bluegrass at the Ramkat, you'll catch him hitting balls at Miller Park, or hiking Pilot Mountain with his wife and two pups.

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