Cost of living in Garland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Garland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Garland is 97, with 100 being the average.
The cost of living index in Garland is 1.0x lower than the national average.
Garland ranks as the #291 cheapest in Texas out of 405.
Garland ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Garland is $190,700.
The median income in Garland is $65,278.
According to the most recent data on the cost of living, Garland has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Texas, Garland has a cost of living index that's 1.1x higher than Texas's index of 92.
The standard of living in Garland ranks as #291 most affordable out of the 405 places we measured in Texas. By definition, that implies Garland ranks as the #114 most expensive place in the Lone Star State.
For more reading on life in Garland, check out:
Six factors go into calculating the cost of living index in Garland. Here is how it fairs on each of the criteria:
The Services index in Garland is 112.
The Groceries index in Garland is 94.
The Health index in Garland is 77.
The Housing index in Garland is 78.
The Transportation index in Garland is 100.
The Utilities index in Garland is 110.
Living Expense | Garland | Texas | National Average | |
---|---|---|---|---|
Overall | 97 | 92 | 100 | |
Services | 112 | 96 | 100 | |
Groceries | 94 | 93 | 100 | |
Health | 77 | 93 | 100 | |
Housing | 78 | 84 | 100 | |
Transportation | 100 | 92 | 100 | |
Utilities | 110 | 104 | 100 |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Garland is $190,700.
The Median Rent in Garland is $1,274.
The Median Income in Garland is $65,278.
The Home Value To Income in Garland is 2.9x.
The Rent To Monthly Income in Garland is 0.23x.
Statistic | Garland | Texas | United States |
---|---|---|---|
Median Home Value | $190,700 | $202,600 | $244,900 |
Median Rent | $1,274 | $1,146 | $1,163 |
Median Income | $65,278 | $67,321 | $69,021 |
Home Value To Income | 2.9x | 3.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Garland. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 114, 1.2x Garland.
Mesquite, TX has a cost of living index of 93, 1.0x Garland.
Carrollton, TX has a cost of living index of 105, 1.1x Garland.
City | Population | Cost Of Living | Vs. Garland |
---|---|---|---|
Plano, TX | 282,181 | 114 | 1.2x |
Mesquite, TX | 149,848 | 93 | 1.0x |
Carrollton, TX | 131,388 | 105 | 1.1x |
Richardson, TX | 115,904 | 110 | 1.1x |
Allen, TX | 102,778 | 110 | 1.1x |
Rowlett, TX | 62,606 | 105 | 1.1x |
Rockwall, TX | 46,150 | 108 | 1.1x |
Farmers Branch, TX | 36,091 | 100 | 1.0x |
Sachse, TX | 26,797 | 106 | 1.1x |
University Park, TX | 25,029 | 214 | 2.2x |