CostIndexUSA

Midland, TX vs Winston-Salem, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Midland
95.8
overall index
$1,575/mo rent
More AffordableNC
Winston-Salem
92
overall index
$1,075/mo rent

Winston-Salem is slightly cheaper than Midland — 4.0% lower overall cost of living.

To match an $80,000 salary in Midland, you would need $76,800 in Winston-Salem. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing29.7%
Midland
101.5
Winston-Salem
71.4
🛒 Groceries+3.0%
Midland
93.8
Winston-Salem
96.6
🚗 Transportation+2.0%
Midland
101.1
Winston-Salem
103.1
🏥 Healthcare+2.1%
Midland
91.4
Winston-Salem
93.3
Utilities+6.3%
Midland
83.2
Winston-Salem
88.4

Salary Equivalency Calculator

Enter your current salary in Midland to see what you'd need to earn in Winston-Salem to maintain the same purchasing power.

$
Equivalent salary in Winston-Salem, NC
$76,800
$3,200 less needed in Winston-Salem

Formula: salary × (92 ÷ 95.8) = salary × 0.9603. Based on BEA Regional Price Parities.

Housing Market

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Winston-Salem, NC

Median Home Price
$355,000
Median Monthly Rent
$1,075
Housing Index
71.4
Price-to-Rent Ratio
27.5×

Midland has 29.7% lower housing costs compared to Winston-Salem.

Income & Job Market

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

Winston-Salem, NC

Median Household Income
$64,400
Per Capita Income
$36,700
Unemployment Rate
4.2%
Population
247,945
Top Industries
HealthcareManufacturingFinanceEducationGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Midland, TX
4.9×income-to-rent ratio

80% of income left after rent (median)

Winston-Salem, NC
5.0×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.