Housing costs in Midland?
A typical home costs
$271,000, which is 19.8% less expensive than the national average of
$338,100 and 8.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Midland costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 4.5% more than the state average of
$1,280.
Can I afford Midland?
To live comfortably in Midland, Texas, a minimum annual income of
$51,840 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Midland?
Midland, Texas offers an excellent quality of life combined with cost effective living possibilities; median house price approaches close to $234K while rent per month for a single bedroom generally runs between about $900 - 1,100 dependent on location or building type chosen. Essential items like food and utilities have been estimated to stay closely aligned with national standards yet taxes occasionally remain slightly higher than some other places within Midland Country due predominantly Midland’s status west Permian Basin coastal region .