Cost of Living in Midland, TX

Midland, TX — prices, rents and what jobs really pay here after taxes.

Price level
95.8
U.S. average = 100 · #150 of 387
Median wage
$54,480
all jobs · $3,830/mo take-home
1-bedroom rent
$1,449
HUD fair market rent

Salary comparison calculator

What would you need to earn in Midland, TX to keep the same lifestyle — after taxes — as in another city?

Cost of living calculator

Uses BEA price levels plus 2026 federal and state taxes in each city's state.

Salary needed to keep your lifestyle
—

    Prices in Midland, TX vs. the U.S. average

    CategoryIndex (U.S. = 100)Difference
    All items95.8−4.2%
    Housing101.5+1.5%
    Goods93.8−6.2%
    Utilities83.2−16.8%
    Other services96.2−3.8%

    Source: BEA Regional Price Parities, 2024.

    Rent in Midland, TX

    UnitMonthly rentIncome needed (30% rule)
    Studio$1,424$56,960/yr
    1 bedroom$1,449$57,960/yr
    2 bedrooms$1,780$71,200/yr
    3 bedrooms$2,284$91,360/yr
    4 bedrooms$2,669$106,760/yr

    HUD Fair Market Rents, FY2026, population-weighted across the metro's counties.

    Take-home pay in Midland, TX

    Paycheck in Midland, TX
    Deductions, kids & local tax

    2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

    Your take-home pay
    $45,955
    per year · effective tax rate 15.6%
    $3,830Monthly
    $1,915Twice a month
    $1,767Every 2 weeks
    $22.09Hourly
    • Federal income tax$4,358
    • Social Security (6.2%)$3,378
    • Medicare (1.45%)$790
    • Texas income tax$0
    • Take-home pay$45,955

    Marginal rate: 12% federal + 0.00% state

    Highest-paying jobs in Midland, TX

    JobMedian salaryTake-homeReal value*
    Financial Manager$172,520$129,183$134,871
    Petroleum Engineer$172,070$128,876$134,550
    Managers, All Other$154,630$116,956$122,105
    Sales Manager$139,380$106,532$111,222
    General and Operations Manager$132,420$101,775$106,256
    Construction Manager$118,630$92,286$96,349
    Accountant and Auditor$100,890$79,806$83,320
    Project Management Specialist$98,170$77,893$81,322
    Property, Real Estate, and Community Association Managers$96,500$76,718$80,095
    Occupational Health and Safety Specialist$91,570$73,249$76,474
    Business Operations Specialists, All Other$87,890$70,661$73,772
    Registered Nurse$82,120$66,601$69,534
    First-Line Supervisors of Mechanics, Installers, and Repairers$81,880$66,433$69,357
    Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$80,460$65,434$68,314
    First-Line Supervisor of Construction Trades and Extraction Workers$79,940$65,068$67,933
    Human Resources Specialist$78,650$64,160$66,985
    Rotary Drill Operators, Oil and Gas$78,260$63,886$66,699
    Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products$76,930$62,950$65,722
    First-Line Supervisor of Office and Administrative Support Workers$72,970$60,164$62,813
    Wellhead Pumper$72,110$59,559$62,182

    *In U.S.-average dollars after adjusting for local prices.

    Frequently asked questions

    Is Midland, TX expensive to live in?

    According to the Bureau of Economic Analysis, overall prices in the Midland, TX metro area are 95.8% of the U.S. average, with housing at 101.5%. It is the #150 most expensive of 387 metro areas we track.

    What salary do you need to live in Midland, TX?

    To match the buying power of a $60,000 salary in an average-priced U.S. city you would need about $57,470 in Midland, TX (before tax differences). The median wage across all jobs here is $54,480.

    How much is rent in Midland, TX?

    HUD’s FY2026 fair market rents for Midland, TX are $1,424 for a studio, $1,449 for one bedroom, $1,780 for two bedrooms and $2,284 for three bedrooms, including utilities.

    All salaries in Midland, TX

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