CostIndexUSA

Hartford, CT vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CT
Hartford
102.7
overall index
$1,875/mo rent
More AffordableNC
Winston-Salem
92
overall index
$1,075/mo rent

Winston-Salem is moderately cheaper than Hartford — 10.4% lower overall cost of living.

To match an $80,000 salary in Hartford, you would need $71,700 in Winston-Salem. Calculate your salary ↓

Category Breakdown

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

🏠 Housing35.2%
Hartford
110.2
Winston-Salem
71.4
🛒 Groceries0.7%
Hartford
97.3
Winston-Salem
96.6
🚗 Transportation4.4%
Hartford
107.8
Winston-Salem
103.1
🏥 Healthcare4.3%
Hartford
97.5
Winston-Salem
93.3
Utilities39.0%
Hartford
144.9
Winston-Salem
88.4

Salary Equivalency Calculator

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

$
Equivalent salary in Winston-Salem, NC
$71,700
$8,300 less needed in Winston-Salem

Formula: salary × (92 ÷ 102.7) = salary × 0.8958. Based on BEA Regional Price Parities.

Housing Market

Hartford, CT

Median Home Price
$377,000
Median Monthly Rent
$1,875
Housing Index
110.2
Price-to-Rent Ratio
16.8×

Winston-Salem, NC

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

Hartford has 35.2% lower housing costs compared to Winston-Salem.

Income & Job Market

Hartford, CT

Median Household Income
$92,200
Per Capita Income
$52,600
Unemployment Rate
4.3%
Population
121,054
Top Industries
FinanceInsuranceHealthcareGovernmentEducation

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).

Hartford, CT
4.1×income-to-rent ratio

76% 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.