Cost of Living
Midland, Texas has an affordable cost of living, with many things costing less than the national average. This makes it easier for families to purchase a home, spend money on dining and entertainment, take a family vacation, and save for college. Plus, Midland residents have the second highest personal income in the entire United States. This makes Midland an excellent place to call home for anyone who is looking to grow their career, put down roots, raise a family, and enjoy a comfortable living.
Midland’s cost of living is 94.2 of 100, meaning it is less costly to live here than the national average. Residents can expect to save money on things like groceries, healthcare, and utilities. More cost of living data can be accessed here.
About the Cost of Living Index
C2ER produces the Cost of Living Index to provide a useful and reasonably accurate measure to compare cost of living differences among urban areas. Items on which the Index is based have been carefully chosen to reflect the different categories of consumer expenditures. Weights assigned to relative costs are based on government survey data on expenditure patterns for mid-management households. All items are priced in each place at a specified time and according to standardized specifications. For more information on the Cost of Living Index, please visit the website at http://www.coli.org.
INTERPRETING THE INDEX: The Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places, both metropolitan and non-metropolitan, equals 100, and each participant’s index is read as a percentage of the average for all places.