USLivingCost Salaries · Rent · Cost of Living

Garland, TX vs. Winston-Salem, NC

Median rent is $1,525 a month in Garland, TX and $1,033 in Winston-Salem, NC. Household income is $74,717 against $57,673. Both cities are read from the same ACS 2019-2023 5-Year Estimates and the same BEA Regional Price Parities 2023, so the two columns below are directly comparable.

$
Same standard of living
A salary of $100,000 in Garland, TX buys what $96,876 buys in Winston-Salem, NC
-$3,124 less to keep the same standard of living
Median gross rent Monthly
$1,525 $1,033 -32.3%
Median household income Annual
$74,717 $57,673 -22.8%
Median home value Owner-occupied
$248,900 $208,200 -16.4%
Rent as share of income Annual rent ÷ income
24.5% 21.5% -3.0 pp
Price level U.S. average = 100
97.2 94.1 -3.2%
Salary needed for median rent Keeps rent at 30% of gross
$61,000 $41,300 -32.3%
Rent median income carries at 30% Affordable rent
$1,868 $1,442 -22.8%
Population City proper
245,298 250,887 +2.3%
Equivalent salary For $100,000 in Garland
$100,000 $96,876 -3.1%

A green or red badge means the second city is higher or lower, not better or worse: a lower rent is good for a tenant, a lower household income is not. For the price level and
the share of income the raw values are shown, because a percentage difference between two
percentages is easy to misread.

What the gap means

Lower rent
$1,033
Winston-Salem, NC · 47.6% below Garland, TX
Higher household income
$74,717
Garland, TX · 29.6% above Winston-Salem, NC
Same standard of living
$96,876
$100,000 in Garland, TX needs $96,876 in Winston-Salem, NC
Price level gap
3.0 points
97.2 in TX against 94.1 in NC
Rent burden gap
3.0 points
Winston-Salem, NC versus Garland, TX, share of income taken by rent
Highest buying power
106.2%
Winston-Salem, NC · share of the national average income that a dollar there buys

More comparisons with Garland, TX

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Definitions used on this page

Salary needed for the median rent
Twelve months of median gross rent divided by 0.30: the income that keeps the median rent at 30% of gross pay.
Price level
BEA regional price parity for the metro area where one is published, otherwise for the state. The national average is 100.
Same standard of living
A salary in Garland, TX converted into Winston-Salem, NC at the ratio of the two price levels. It adjusts for prices only, not for taxes or for what either city offers.
Buying power
One hundred divided by the price level: what a dollar buys locally relative to the national average.

Sources

Margins of error are published for every Census figure. Read the methodology before reading a small gap between two cities as a real difference.

Full detail for each city: Garland, TX · Winston-Salem, NC