Home / Metros / Midland

Metro cost profile · 2024 BEA RPP

Midland, TX

Cost-of-living indicators for Midland, TX, from Bureau of Economic Analysis Regional Price Parities, overall, goods, services, and rents vs the U.S. average of 100.

95.8
Overall RPP
#150
of 387 metros
101.5
Rents RPP
$104K
$100K national buys

Midland ranks #150 of 387 U.S. metros by cost, and its overall price index has held steady since 2008.

  • stable since 2008
  • similar cost to Syracuse

The verdict

Midland costs less than 39% of U.S. metros, an overall index of 95.8, 4.2% below the national average, with services the biggest swing at 83.2.

bottom 61%
by overall cost, nationwide
93.8
goods RPP, tradable items
83.2
services RPP, labor-priced

A $100,000 national salary carries the purchasing power of about $104,403 here; matching a $100K lifestyle takes roughly $95,783.

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$95,783

in Midland, TX purchasing power

$50,000 nationally
$47,892
$75,000 nationally
$71,837
$125,000 nationally
$119,729
$150,000 nationally
$143,675
$200,000 nationally
$191,566

Use the salary calculator for custom amounts.

Affordability score

F
23/100

How far the median local paycheck goes here, combining income and housing cost

Purchasing power
Not reported
Housing affordability F
23rd percentile

A weighted composite (60% purchasing power, 40% housing affordability) percentile-ranked against every other tracked metro; a missing input redistributes its weight rather than deflating the score. Sources: Census ACS 5-Year 2023 (income) + BEA Regional Price Parities 2024 (cost). Vintages differ by design; see methodology.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 0.7 points over this period. The largest single-year move was in 2020, when the index dropped 4.7 points from the year before, a bigger swing than the full 2008-2024 change.

Midland overall RPP, 2008-2024

Every year on record, national average = 100

Stable
9095100105110 20082024 96.5 95.8 ▼ -0.8%
Year Overall
2008 96.5
2009 96.2
2010 98.6
2011 101.1
2012 100.3
2013 101.5
2014 103.2
2015 104.3
2016 102.6
2017 100.6
2018 99.8
2019 100.5
2020 95.8
2021 97.7
2022 95.9
2023 95.4
2024 95.8

Latest BEA release change

What changed from 2023 to 2024

Midland's overall RPP rose +0.4 points, from 95.4 in 2023 to 95.8 in 2024. The largest category movement was services, changing from 89.5 to 83.2. This is a relative change against the national benchmark, not a household's dollar bill.

Service-cost relief profile

How Midland's cost structure works

Services provide the strongest cost offset in Midland: their index is 83.2, farther below the national baseline than rents or tradable goods. The overall RPP of 95.8 therefore has a different source than a place with cheaper housing instead.

Across all reported metros, the closest component-profile matches are Sebastian-Vero Beach-West Vero Corridor, FL, Hilton Head Island-Bluffton-Port Royal, SC, Provo-Orem-Lehi, UT. They resemble Midland across goods, services, and rents together, so they are stronger structure peers than a place selected only because its overall RPP happens to be nearby.

Across 2008-2024, Midland's overall index has stayed within 0.7 points. This is a relative price-level history, not a prediction or a personal affordability recommendation; pair it with current local wages and housing options before making a decision.

Midland vs every U.S. metro

Where this metro sits in the national cost distribution

96 Top 39% higher than 61% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). Below this entry. 92–96: 97 US metros (25%). This entry sits in this band. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis, Regional Price Parities · 2024

Midland cost breakdown

BEA RPP by category, 100 = national average

RPP

What this shows Midland's strongest departure is services at 83.2; goods follows at 93.8. Labor-priced local activity, rather than housing alone, is the first budget line to investigate.

Source U.S. Bureau of Economic Analysis, Regional Price Parities As of 2024

Goods vs. housing, where Midland's cost comes from

Metros near Midland's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 96.4, rents 88.9). Midland is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 92949698100 7580859095100105 Goods RPP (tradable items) → Rents RPP (housing) → MidlandSyracuseBuffaloIndianapolisHelenaLoganSalisbury
Crosshairs sit at the group median (goods 96.4, rents 88.9). Midland is driven more by rent than by everyday goods, unlike its peers. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.
Read the chart as text
  • Midland (Midland, this metro): goods RPP 93.8, rents RPP 101.5
  • Syracuse: goods RPP 99.7, rents RPP 80.7
  • Buffalo: goods RPP 99.7, rents RPP 81
  • Indianapolis: goods RPP 94.3, rents RPP 88.9
  • Helena: goods RPP 96, rents RPP 90.1
  • Logan: goods RPP 96.4, rents RPP 91
  • Salisbury: goods RPP 96.6, rents RPP 87.2

Price Index Summary

Overall

95.8

Below avg

Goods

93.8

Below avg

Services

83.2

Cheap

Rents

101.5

Above avg

Metros with Similar Cost of Living

These metros have an overall RPP closest to Midland, TX's index of 95.8.

Showing the 6 closest of 387 metro areas tracked nationally.

Decision peers

Metros with a similar cost mix

These metros are closest to Midland's combined goods, services, and rents profile. They may not have the same overall RPP, but their price pressures are shaped in a similar way.

TX-relative analysis

Goods prices places Midland, TX near the bottom of TX's metros

Among the 26 TX metros PlainCost tracks with reported goods prices data, Midland, TX ranks #3 - the 4th percentile within the state. This is a different, narrower cut than the nationwide rank above: it compares Midland, TX only against its own state's metros, not the full US field.

Goods prices
#3 of 26
4th percentile in TX
Services prices
#9 of 26
65th percentile in TX
Rent prices
#4 of 26
85th percentile in TX

Ranked by raw value (highest first); a higher rank is not automatically "more expensive is worse", see the national comparison above for direction context. This is a comparison within TX only, not a livability score.

Nationwide metros with similar overall cost or rent prices

Two BEA RPP-derived peer sets for Midland, TX: nearest metros by overall regional price parity and by rents RPP. These are cross-state neighborhoods, not the in-state metro list below.

Cost of living guides →, cheapest and most-expensive metro rankings, salary negotiation with RPP data, and step-by-step comparison walkthroughs.

Shareable PlainCost cost snapshot for Midland cost of living snapshot

Shareable data card

Take this cost snapshot with you

Download the data card or share this exact metro record. The card uses the same BEA-derived values shown above.

What this means for Midland

How to read Midland's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay, a $100K national salary spends like about $104,403 in Midland. Salary calculator
  • Start with services: it indexes at 83.2, the largest departure from the national benchmark in this metro's BEA cost mix. Compare it with the other components before treating the overall RPP as a complete household budget.
  • Compare Midland head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown, not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Midland, TX?

Midland, TX has a Regional Price Parity (RPP) index of 95.8, meaning it is 4.2% less expensive than the national average. Goods are indexed at 93.8, services at 83.2, and rents at 101.5. It ranks #150 out of 387 U.S. metro areas by overall cost.

What salary do I need in Midland, TX to match $100K nationally?

To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $95,783 in Midland, TX. Conversely, $100K earned in Midland, TX has the purchasing power of $104,403 at the national average.

How expensive is rent in Midland, TX?

Rents in Midland, TX are indexed at 101.5, which is 1.5% above the national average. This is close to the U.S. average.

Is Midland, TX getting more expensive?

From 2008 to 2024, Midland, TX's overall cost index changed by -0.7 points (from 96.5 to 95.8). The cost of living has remained relatively stable.

What costs the most in Midland, TX?

The priciest category in Midland, TX is rents at 101.5, 1.5% above the national average. The most affordable category is services at 83.2, 16.8% below average.

What metros have a similar cost of living to Midland, TX?

Metros with the most similar overall cost index include Syracuse, Buffalo-Cheektowaga, Indianapolis-Carmel-Greenwood. These areas have RPP values within a few points of Midland, TX's 95.8.

Data sourced from official public datasets, Regional Price Parities by Metropolitan Statistical Area (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.