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Cost of Living in Midland, Texas

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Midland is a city in the western part of Texas and serves as the principal city of the Midland metropolitan statistical area. An oil boom in the last decade has drawn new residents to the area. Laura Bush, the former First Lady of the United States, grew up in Midland, and she and her family lived in the city at one time. Its nickname is the “Tall City” for its distinguishable downtown skyline with tall skyscrapers and it includes more than 70 square miles of land. Despite its growth, Midland remains a reasonably affordable place to live in the U.S.

How expensive is an apartment in Midland?

The cost of living in Midland comes in just under the national average, although Midland’s housing prices are slightly higher than the national average. If you live in the metro area of Midland, you can expect to pay a bit more in rent, although prices are comparable. A studio apartment in Midland costs under $1,000 per month, while a one-bedroom apartment costs around $1,050. You will probably spend around $1,300 per month on a two-bedroom apartment. Stepping up to a three-bedroom apartment takes the average rent price to just over $1,800, and a four-bedroom rental is around $2,483 per month.

The prices in the Midland Metro increase a bit to $1,060 per month for a studio, $1,067 for a one-bedroom, $1,337 for a two-bedroom, $1,675 for a three-bedroom, and $1,900 for a four-bedroom rental. These prices come in higher than the statewide average, where a studio apartment costs an average of $738 per month to rent and a four-bedroom unit costs approximately $1,721 per month.

How do I find cheap apartments in Midland?

Finding affordable apartments in Midland starts with a customized search on Zumper. You can filter the results and find the ideal place to live in the neighborhood where you want to reside. You can also compare options by price to ensure that your new apartment fits into your budget.

The average salary among Midland households is over $79,000 per year, which is slightly above the national average. If your household earns around that much, you can reasonably spend about $1,975 on housing expenses per month to stick to the recommendation of spending about 30% of your income on housing costs. According to data presented by the Midland Development Corporation, residents of this city have the second-highest personal income in the country. 

If you’re struggling to find an apartment that fits into your budget, you may want to consider sharing a home with roommates. A studio apartment typically costs more than half of a two-bedroom apartment. Sharing a two-bedroom unit with a roommate can help you save on rent, as well as utility costs since you can split everything down the middle. Other housing options may be available in Midland as well, such as mobile homes or smaller residences.

What is the cheapest rent in Midland?

Since the cost of living in Midland comes in close to the national average, you may have to do some digging to find a cheap apartment. Zumper allows you to filter your search with a top rent price, so you won’t see apartments that don’t fit in your budget. If you’re willing to live outside the city center, you can also save. Several suburbs and surrounding neighborhoods offer more affordable housing prices in exchange for a potentially longer commute.

Most people who live in Midland drive to work, and the average commute time in the city is just over 18 minutes. Midland has a public transportation system that includes bus routes throughout the metro area, which is operated by the Midland Odessa Urban Transit District, also known as EZ-Rider. If you want to use the public transportation system to get to and from work, be sure to check out the routes to make sure you can get to where you need to go.

Some of the suburbs of Midland with more affordable housing include McKinney Acres, Kermit, West Odessa, and Monahans. Some people also live in nearby Odessa, where the median rent price is $799. That cost marks a 16% decrease over the previous year’s reported rental rates. 

How does Midland compare to other cities?

As mentioned, the Midland, TX, cost of living is close to the national average. The housing prices come in over the national average, while grocery costs fall below the average. According to Payscale, residents pay around $160 per month on energy bills. One area in which the cost of living is slightly lower is healthcare.

Outdoor enthusiasts enjoy living in Midland and the nearby cities and towns, thanks to the access to hiking trails and other outdoor spaces. Midland has 51 city-operated parks, each of which has its own list of amenities. It also provides access to six main hiking trails, along with prime access to Big Bend National Park. Other attractions in and around the city include five live music venues, nine museums, and two locally operated breweries. The city’s main industries include fossil fuels, agriculture, and aerospace. If you’re into Tex-Mex, you can find plenty of eateries that serve up this statewide staple.

Whether you’re relocating from another part of Texas or thinking about moving across state lines, Midland is an appealing place to put down roots. It’s fairly affordable and offers access to various attractions and amenities for people of all ages and interests. Start exploring the available rentals on Zumper to find the perfect place to call home in this Texas city.

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