Housing costs in Midland?
A typical home costs
$287,700, which is 14.9% less expensive than the national average of
$338,100 and 3.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Midland costs
$1,320 per month, which is 7.7% more than the national average of
$1,430 and 3.0% more than the state average of
$1,280.
Can I afford Midland?
To live comfortably in Midland Te Metro Area, Texas, a minimum annual income of
$55,080 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Midland?
The cost of living in Midland, TX Metro Area is relatively lower than the US average. The median house value in the area is $287,700 which is significantly less than the national average of $338,100. Additionally, the Cost of Living Index for Midland is 92.5 as compared to 100 for the US as a whole. This suggests that living in Midland can be more affordable due to lower housing costs and general expenses.