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Winston-Salem, NC

Cost of living in Davidson County, NC

Part of the Winston Metro Area

Estimated monthly cost
$2,814/mo
for a single person, all categories combined

Population 171,063 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $812 29%
Federal tax $484 17%
Healthcare $480 17%
Groceries $327 12%
Transport $320 11%
Energy $187 7%
State tax $149 5%
Water $55 2%

Rent in Davidson County

Fair Market Rents by bedroom count.

Studio
$790
per month
1 bedroom
$812
per month
2 bedroom
$933
per month
3 bedroom
$1,244
per month
4 bedroom
$1,536
per month

Source: HUD FMR FY2025

Income and earnings in Davidson County

Annual earnings figures from the Census ACS.

Household income
$62,426
per year
Individual earnings
$39,650
per year
Per capita
$32,759
per year

Source: ACS 2019-2023 5-Year.

Home values in Davidson County

Average values reported by homeowners.

Average home value
$200,100
Annual property tax
$1,262

Source: ACS 2019-2023 5-Year

Energy costs in Davidson County

Estimated monthly electricity and gas costs.

Electricity
$147
per month · 14¢/kWh
Natural gas
$40
per month
Annual total
$2,244
per year

Source: EIA

Healthcare in Davidson County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
10.4%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Davidson County

State and local tax rates for North Carolina.

State income tax
4.5%
Flat rate
State sales tax
4.8%
Combined sales tax
7.0%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Davidson County

Commute patterns and estimated costs.

Average commute
24.4 min
Drive alone
79.7%
Public transit
0.1%
Work from home
8.8%

Source: ACS

Monthly cost estimates for Davidson County

What it costs to live in Davidson County each month.

Single person
$2,814
per month
  • Rent $812
  • Energy $187
  • Water $55
  • Groceries $327
  • Transport $320
  • Healthcare $480
  • Federal tax $484
  • State tax $149
Couple
$3,974
per month
  • Rent $933
  • Energy $224
  • Water $65
  • Groceries $542
  • Transport $420
  • Healthcare $864
  • Federal tax $692
  • State tax $234
Family
$6,417
per month
  • Rent $1,244
  • Energy $280
  • Water $75
  • Groceries $822
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $692
  • State tax $234

Frequently asked questions about Davidson County

Common questions about cost of living, rent and salary.

What is the average rent in Davidson County?

In Davidson County, NC, a one-bedroom apartment averages $812 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,244 per month, according to HUD Fair Market Rent data.

What is the average salary in Davidson County?

In Davidson County, NC, the average household income is $62,426 per year and individual earnings for full-time workers average $39,650 per year, according to U.S. Census Bureau data.

What is the cost of living in Davidson County?

The estimated cost of living in Davidson County, NC is approximately $2,814 per month for a single person, $3,974 for a couple, $6,417 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Davidson County?

The combined sales tax rate in Davidson County, NC is 7.00%, which includes the North Carolina state rate of 4.75% plus an average local rate of 2.25%.

Is Davidson County an affordable place to live?

Based on the data, a single person in Davidson County, NC would need approximately $2,814 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $62,426 per year ($5,202 per month). Davidson County has a moderate cost of living relative to local earnings.

How much does healthcare cost in Davidson County?

The ACA marketplace benchmark premium in Davidson County, NC is approximately $480 per month for an individual. Approximately 10.4% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Davidson County?

The average home value in Davidson County, NC is $200,100, with average annual property taxes of $1,262, according to U.S. Census Bureau data.

How does Davidson County compare to other areas?

You can compare Davidson County, NC with any other US county using our comparison tool at /compare. Davidson County is in the Winston-Salem, NC metro area.

Other counties in North Carolina

Browse the full list of counties in North Carolina, ranked by cost of living.

See all counties in North Carolina

Compare Davidson County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources