Zip 79706 (Midland, TX) Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Midland cost of living score
92.2
Less expensive
7.8% lower
than the US average
2.1% lower
than the Texas average
Midland (zip 79706), Texas gets a BestPlaces Cost of Living score of 92.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.8% lower than the U.S. average and 2.1% higher than the average for Texas.

Zip 79706 (Midland, TX)

Housing costs in Midland?
A typical home costs $328,100, which is 3.0% less expensive than the national average of $338,100 and 10.2% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Midland costs $1,290 per month, which is 0.8% more than the national average of $1,280 and 2.3% cheaper than the state average of $1,320.

Can I afford Midland?
To live comfortably in Midland (zip 79706), Texas, a minimum annual income of $63,000 for a family, and $43,200 for a single person is recommended.

What does A.I. say about Midland?
The cost of living in 79706 Midland, TX is relatively low compared to other cities in the state. In 2019, the median home value was $155,800, which is well below the national median of $184,700. The average monthly rent for a one-bedroom apartment was $853 and the average monthly utility bill was $148. The overall cost of living index for Midland is 87.9 which is significantly lower than the US average of 100. For those looking to save money while still enjoying all that Midland has to offer, 79706 could be a great place to settle down and call home.
   Cost of living score
     CategoriesMidlandTexasUnited States
  92.294.2100.0
  10093.7100
  109.6100.0100.0
  100.083.5100.0
  $328,100$297,600$338,100
  99.9%99.2%100.0%
  82.8103.3100.0
  107.283.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime