CostIndexUSA

Des Moines, IA vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostIA
Des Moines
91.7
overall index
$1,250/mo rent
NC
Winston-Salem
92
overall index
$1,075/mo rent

Des Moines and Winston-Salem have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing15.7%
Des Moines
84.7
Winston-Salem
71.4
🛒 Groceries+3.1%
Des Moines
93.7
Winston-Salem
96.6
🚗 Transportation+5.6%
Des Moines
97.6
Winston-Salem
103.1
🏥 Healthcare+5.7%
Des Moines
88.3
Winston-Salem
93.3
Utilities+4.5%
Des Moines
84.6
Winston-Salem
88.4

Salary Equivalency Calculator

Enter your current salary in Des Moines to see what you'd need to earn in Winston-Salem to maintain the same purchasing power.

$
Equivalent salary in Winston-Salem, NC
$80,300
$300 more needed in Winston-Salem

Formula: salary × (92 ÷ 91.7) = salary × 1.0033. Based on BEA Regional Price Parities.

Housing Market

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Winston-Salem, NC

Median Home Price
$355,000
Median Monthly Rent
$1,075
Housing Index
71.4
Price-to-Rent Ratio
27.5×

Des Moines has 15.7% lower housing costs compared to Winston-Salem.

Income & Job Market

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Winston-Salem, NC

Median Household Income
$64,400
Per Capita Income
$36,700
Unemployment Rate
4.2%
Population
247,945
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Des Moines, IA
5.5×income-to-rent ratio

82% of income left after rent (median)

Winston-Salem, NC
5.0×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.