Cost of Living in Midland, TX
Population 133,998 · Texas · Data vintage 2023
(100 = US avg)
The Midland cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $299,000, rents near $1,407 a month.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Midland
The median home value in Midland is $298,600 — 2% below the national median of $305,000. Median rent runs $1,407/month, 7% higher than the national median of $1,314/month. The median household income of $91,169/year is 22% higher than the US median of $74,580. The local unemployment rate is 3.6%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.5°F and lows of 53.0°F, with about 4.3" of annual snowfall. Overall, Midland has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 64 | 72 | 81 | 89 | 95 | 96 | 95 | 88 | 79 | 67 | 59 |
| Low °F | 33 | 37 | 44 | 52 | 62 | 70 | 73 | 72 | 65 | 54 | 42 | 34 |
| Precip" | 0.66 | 0.58 | 0.68 | 0.70 | 1.57 | 1.80 | 1.62 | 1.72 | 1.66 | 1.21 | 0.72 | 0.59 |
| Snow" | 1.6 | 0.7 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 1.4 |
Frequently Asked Questions
What is the cost of living in Midland, TX?
Midland has a cost index of 102 (100 = national average). It is 2% above the national average.
What is average rent in Midland, TX?
The median gross rent in Midland is $1,407 per month based on 2023 Census data.
What is the average home price in Midland?
The median home value in Midland is $298,600 according to Zillow and Census data.
What is the median income in Midland?
The median household income in Midland is $91,169 per year (2023 ACS 5-year estimates).
What is the sales tax in Midland, TX?
The combined state and local sales tax rate in Midland is 8.2%. Texas has no state income tax.
Is Midland, TX affordable?
Midland is near the national average in terms of cost of living, with an index of 102 (100 = US average).
What is the weather like in Midland?
Midland has average high temperatures of 78.5°F and average lows of 53.0°F. Annual precipitation is 13.5". Average annual snowfall is 4.3". Data from NOAA 1991–2020 Climate Normals.
Midland at a Glance
- Population
- 133,998
- Median Income
- $91,169
- Home Value
- $298,600
- Median Rent
- $1,407/mo
- Unemployment
- 3.6%
- Avg High Temp
- 78.5°F
- Sales Tax
- 8.2%
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