Housing costs in Midland?
A typical home costs
$206,800, which is 38.8% less expensive than the national average of
$338,100 and 30.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Midland costs
$1,510 per month, which is 18.0% more than the national average of
$1,280 and 12.6% more than the state average of
$1,320.
Can I afford Midland?
To live comfortably in Midland (zip 79703), Texas, a minimum annual income of
$39,600 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Midland?
The cost of living in Midland, TX 79703 is relatively low compared to other areas in the United States. The housing market is particularly affordable, with median home values currently sitting at around $160,000. Other basic monthly expenses such as food, transportation, and utilities all remain below the national average. Furthermore, there are no state income taxes which helps keep overall costs down and allows individuals to keep more of their hard-earned money. All in all, living in Midland provides a good value for those looking for a place to call home.