Cost of Living in Midland, TX
Cost of Living in Midland, TX | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 9% lower | 23% lower |
Utilities (Monthly) | 5% lower | 2% lower |
Food | 1% lower | 10% lower |
Healthcare | 0% | 6% lower |
Transportation | 4% lower | 7% lower |
Goods & Services | 6% higher | 2% higher |
The cost of living in Midland, TX is 1% lower than the state average and 9% lower than the national average. Midland, TX housing is 23% cheaper than the U.S average, while utilities are about 2% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% more in Midland, TX than in the rest of the country, while clothing costs around 2% more .
Healthcare services such as doctor check-ups and dentistry cost 6% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% pricier in Midland, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Midland is $1,490, while home prices circle around $368,433.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Midland, energy bills cost around $167.84 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.70 in Midland, a dozen eggs go for around $2.91 and a pound of potatoes circles around $2.75.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Midland, an optometry check-up costs around $111.81, while a dentist appointment is priced $109.13 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.43 in Midland, while getting your tires balanced will run you about $55.42.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $26.63 here. Meanwhile, a pair of women's slacks will set you back around $30.20.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Midland, you should budget around $11.05 a month. When it comes to personal services, a haircut usually goes for $28.75, while dry cleaning costs about $18.05.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Midland, the median household income is $90,448.