Low cost of living leads to high ranking for Winston-Salem
A recent blurb in the Winston-Salem Journal reported that our fair city ranks as one of the least expensive places to live in the world.
The Cost of Living Survey for 2011, conducted by Mercer LLC, ranked Winston-Salem 18th out of 214 cities after comparing cost related to things such as housing, food, clothing, transportation and entertainment. Winston-Salem made the list in 2010 at number 17 as well.
This underlines one of the factors that makes Winston-Salem, Forsyth County such an appealing place for businesses interested in expanding or relocating. What makes this ranking all the more significant is when you realize how much you can get for your money here. Winston-Salem manages to be remarkably affordable while still offering an exceptional quality of life.
Although cost of living is only one of several data points to consider when deciding on where to grow a business, the area’s combination of positive attributes (i.e. infrastructure, relatively easy access to major markets and available workforce) is what makes Winston-Salem a ideal choice.
To learn more about the survey, visit the Mercer website (a copy of the report is available for purchase).