Cost of Living in Midland, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
134.2
100 = national avg
+34.2 vs national average
Living Wage (1 Adult)
$59,070
per year
Living Wage (Family of 4)
$139,619
per year
Cost Index by Category
Housing158.6
Food119.7
Transportation106.3
Healthcare115.7
Utilities123.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,441
per month
2 Bedroom
$1,772
per month
The overall cost of living index in Midland is 134.2, which is 34.2% above the national average. Housing costs are above the national average at an index of 158.6. A single adult needs to earn approximately $59,070 per year to cover basic expenses.