Housing costs in Midland?
A typical home costs
$187,600, which is 44.5% less expensive than the national average of
$338,100 and 37.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Midland costs
$1,260 per month, which is 1.6% cheaper than the national average of
$1,280 and 4.8% cheaper than the state average of
$1,320.
Can I afford Midland?
To live comfortably in Midland (zip 79701), Texas, a minimum annual income of
$36,000 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Midland?
The cost of living in 79701 Midland, TX is relatively affordable compared to other areas of the state. The median home price for this area is around $170,000, which is much lower than the statewide median. Similarly, the average rent for a two-bedroom apartment is about $1000 per month, which is lower than most cities in Texas. In addition, groceries and utilities are generally cheaper than the rest of the state. Overall, Midland has a low cost of living that can make it an attractive option for those looking to save money while still enjoying all that Texas has to offer.