Midland, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Midland, TX Summary

Cost of living in Midland 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 Midland 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 Midland is 102, with 100 being the average.

  • The cost of living index in Midland is 1.0x higher than the national average.

  • Midland ranks as the #330 cheapest in Texas out of 405.

  • Midland ranks as the #3,380 cheapest out of 6,412 in the US.

  • The median home value in Midland is $250,300.

  • The median income in Midland is $87,900.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
102
Midland's Overall Cost Of Living
1.0x
Higher Than The National Average

What is the cost of living in Midland, TX?

According to the most recent data on the cost of living, Midland has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

Compared to Texas, Midland has a cost of living index that's 1.1x higher than Texas's index of 92.

The standard of living in Midland ranks as #330 most affordable out of the 405 places we measured in Texas. By definition, that implies Midland ranks as the #75 most expensive place in the Lone Star State.

For more reading on life in Midland, check out:

330 out of 405
In Texas
3,380 out of 6,412
In America

Midland Cost Of Living Vs. Texas

Six factors go into calculating the cost of living index in Midland. Here is how it fairs on each of the criteria:

  • The Services index in Midland is 108.

  • The Groceries index in Midland is 89.

  • The Health index in Midland is 101.

  • The Housing index in Midland is 104.

  • The Transportation index in Midland is 97.

  • The Utilities index in Midland is 98.

Living Expense Midland Texas National Average
Overall 102 92 100
Services 108 96 100
Groceries 89 93 100
Health 101 93 100
Housing 104 84 100
Transportation 97 92 100
Utilities 98 104 100
For more reading on cost of living around Texas, check out:
Midland Cost of Living Vs. TX

Midland, TX Housing Cost Breakdown

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 Midland is $250,300.

  • The Median Rent in Midland is $1,273.

  • The Median Income in Midland is $87,900.

  • The Home Value To Income in Midland is 2.8x.

  • The Rent To Monthly Income in Midland is 0.17x.

Statistic Midland Texas United States
Median Home Value $250,300 $202,600 $244,900
Median Rent $1,273 $1,146 $1,163
Median Income $87,900 $67,321 $69,021
Home Value To Income 2.8x 3.0x 3.5x
Rent To Monthly Income 0.17x 0.2x 0.2x
Search Homes For Sale In Midland, TX
$250,300
Median Home Value
$1,273
Median Rent
$87,900
Median Income

Midland, TX Costs By Category

Detailed Midland Services Costs Vs. Texas

Item Midland Texas
Shampoo $0.92 $1.06
Movie $10.94 $10.68
Bowling $17.67 $14.67
Haircut $22.0 $18.62
Beauty Salon $33.61 $39.05

Detailed Midland Groceries Costs Vs. Texas

Item Midland Texas
Ground Beef $3.99 $4.22
Fried Chicken $1.16 $1.39
Milk $1.51 $2.05
Potatoes $2.55 $3.29
Pizza $13.99 $10.62
Beer $10.27 $9.38
Toothpaste $1.97 $2.34

Detailed Midland Health Costs Vs. Texas

Item Midland Texas
Optometrist $103.22 $108.57
Doctor $98.67 $116.17
Dentist $109.17 $99.13

Detailed Midland Transportation Costs Vs. Texas

Item Midland Texas
Gasoline $2.03 $2.22
Tire Balancing $55.11 $50.07

Detailed Midland Utilities Costs Vs. Texas

Item Midland Texas
All Electricity $165.0 $167.67
Phone $184.35 $175.64

Midland SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
9
Safety
5
Amenities
8.5
Education
6
Commute
9

Cost Of Living In Cities Around Midland

The cost of living varies in the cities and towns around Midland. Here's a quick look at the cost of living in the most populous nearby places:

  • Odessa, TX has a cost of living index of 90, 0.9x Midland.

  • West Odessa, TX has a cost of living index of 84, 0.8x Midland.

  • Big Spring, TX has a cost of living index of 87, 0.9x Midland.

City Population Cost Of Living Vs. Midland
Odessa, TX 112,640 90 0.9x
West Odessa, TX 31,927 84 0.8x
Big Spring, TX 26,199 87 0.9x
Andrews, TX 13,234 90 0.9x

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