Cost of Living in Welcome, NC
Population 3,649 · North Carolina · Data vintage 2023
(100 = US avg)
Welcome offers a notably favorable income-to-housing ratio for its region. The typical home — $171,000 — costs less than 2.6 times median household income of $65,342, a threshold many coastal markets passed a decade ago.
Welcome sits roughly 14 miles south of Winston-Salem — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 18% lower than Winston-Salem's $208,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Welcome
The median home value in Welcome is $171,100 — 44% below the national median of $305,000. Median rent runs $863/month, 34% lower than the national median of $1,314/month. The median household income of $65,342/year is 12% lower than the US median of $74,580. The local unemployment rate is 3.1%, below the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 69.4°F and lows of 49.6°F. Overall, Welcome has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.
Welcome has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 49 | 53 | 61 | 71 | 78 | 85 | 88 | 86 | 80 | 71 | 60 | 52 |
| Low °F | 31 | 33 | 40 | 48 | 57 | 65 | 69 | 68 | 61 | 49 | 39 | 34 |
| Precip" | 3.35 | 2.89 | 3.60 | 3.71 | 3.76 | 3.64 | 4.24 | 4.51 | 3.86 | 3.28 | 3.06 | 3.30 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Welcome, NC?
Welcome has a cost index of 60 (100 = national average). It is 40% below the national average.
What is average rent in Welcome, NC?
The median gross rent in Welcome is $863 per month based on 2023 Census data.
What is the average home price in Welcome?
The median home value in Welcome is $171,100 according to 2023 Census ACS data.
What is the median income in Welcome?
The median household income in Welcome is $65,342 per year (2023 ACS 5-year estimates).
What is the sales tax in Welcome, NC?
The combined state and local sales tax rate in Welcome is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Welcome, NC affordable?
Yes, Welcome is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.
What is the weather like in Welcome?
Welcome has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.
Welcome at a Glance
- Population
- 3,649
- Median Income
- $65,342
- Home Value
- $171,100
- Median Rent
- $863/mo
- Unemployment
- 3.1%
- Avg High Temp
- 69.4°F
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
North Carolina Rankings
Similar Cost Cities
Cities in other states with comparable housing costs