
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.