Winston-Salem vs Miami-Fort Lauderdale-West Palm Beach

Cost of living comparison based on BEA Regional Price Parities. Miami-Fort Lauderdale-West Palm Beach is 24% more expensive than Winston-Salem.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Winston-Salem, NC at an overall Regional Price Parity of 92.0 and Miami-Fort Lauderdale-West Palm Beach, FL at 114.2, using the U.S. national average of 100 as the reference point. That puts Miami-Fort Lauderdale-West Palm Beach 24% more expensive than Winston-Salem on a blended basket of goods, services, and rents. The raw index gap of 22.1 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Winston-Salem indexes goods at 96.6, services at 88.4, and rents at 71.4, while Miami-Fort Lauderdale-West Palm Beach comes in at 103.6, 97.2, and 155.6 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Miami-Fort Lauderdale-West Palm Beach carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Winston-Salem has the same purchasing power as $124,024 in Miami-Fort Lauderdale-West Palm Beach based on these indexes. The two metros serve populations of roughly 683,637 (Winston-Salem) and 6,138,876 (Miami-Fort Lauderdale-West Palm Beach), and median household incomes are $64,282 versus $73,481 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Winston-Salem
92.0
Cost Index
Miami-Fort Lauderdale-West Palm Beach
114.2
Cost Index

Category Breakdown

Category Winston-Salem Miami-Fort Lauderdale-West Palm Beach Difference
Overall 92.0 114.2 +22.1
Goods 96.6 103.6 +6.9
Services 88.4 97.2 +8.8
Rents 71.4 155.6 +84.2

Visual Comparison

Overall
Winston-Salem
92.0
Miami-Fort Lauderdale-West Palm Beach
114.2
Goods
Winston-Salem
96.6
Miami-Fort Lauderdale-West Palm Beach
103.6
Services
Winston-Salem
88.4
Miami-Fort Lauderdale-West Palm Beach
97.2
Rents
Winston-Salem
71.4
Miami-Fort Lauderdale-West Palm Beach
155.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Winston-Salem would need to be in Miami-Fort Lauderdale-West Palm Beach for the same purchasing power:

In Winston-Salem In Miami-Fort Lauderdale-West Palm Beach Difference
$50,000 $62,012 +$12,012
$75,000 $93,018 +$18,018
$100,000 $124,024 +$24,024
$150,000 $186,035 +$36,035

Use the salary calculator for custom amounts.

Metro Context

Metric Winston-Salem Miami-Fort Lauderdale-West Palm Beach
Population 683,637 6,138,876
Median Income $64,282 $73,481
Data Year 2024 2024

Frequently Asked Questions

Is Miami-Fort Lauderdale-West Palm Beach more expensive than Winston-Salem?
Miami-Fort Lauderdale-West Palm Beach is 24% more expensive than Winston-Salem. The overall cost index is 114.2 vs 92.0 (national average = 100).
What salary in Miami-Fort Lauderdale-West Palm Beach equals $100K in Winston-Salem?
A $100,000 salary in Winston-Salem has the same purchasing power as $124,024 in Miami-Fort Lauderdale-West Palm Beach. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Winston-Salem and Miami-Fort Lauderdale-West Palm Beach?
Rents in Winston-Salem are indexed at 71.4 while Miami-Fort Lauderdale-West Palm Beach is at 155.6 (national average = 100). Miami-Fort Lauderdale-West Palm Beach has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial