Zip 79707 (Midland, TX) Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
How much do I need to live in Midland, Texas?
$5,820 / month
for a family, 7.8% more expensive than the national average A total of $69,840 for the year for a family.
$3,733 / month
for a single person, 21.7% less expensive than the national average A total of $44,800 for the year for a single person.

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 79707), 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 79707 (Midland, TX)

Housing costs in Midland?
A typical home costs $365,300, which is 8.0% more expensive than the national average of $338,100 and 22.7% more expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Midland costs $1,340 per month, which is 4.7% more than the national average of $1,280 and close to the state average of $1,320.

Can I afford Midland?
To live comfortably in Midland (zip 79707), Texas, a minimum annual income of $69,840 for a family, and $44,800 for a single person is recommended.

What does A.I. say about Midland?
The cost of living in 79707 Midland, TX is relatively low compared to other cities. Housing costs are significantly lower than the national average, with the median home value being around $125,300 and the median rent being around $917 per month. The cost of groceries is also relatively low compared to other parts of the state, with a typical grocery basket costing about 6% less than the national average. Additionally, transportation costs are quite reasonable given that most errands can be completed by car or on foot. All in all, Midland 79707 is an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMidlandTexasUnited States
    Unlock94.2100.0
  100.3  Unlock100.0
    Unlock100.0100.0
  114.2  Unlock100.0
    Unlock$297,600$338,100
  98.6  Unlock100.0
    Unlock103.3100.0
  107.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.