CostIndexUSA

Dallas, TX vs Midland, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Dallas
103.1
overall index
$1,625/mo rent
More AffordableTX
Midland
95.8
overall index
$1,575/mo rent

Midland is moderately cheaper than Dallas — 7.1% lower overall cost of living.

To match an $80,000 salary in Dallas, you would need $74,300 in Midland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing13.9%
Dallas
117.9
Midland
101.5
🛒 Groceries8.8%
Dallas
102.8
Midland
93.8
🚗 Transportation3.4%
Dallas
104.7
Midland
101.1
🏥 Healthcare3.5%
Dallas
94.7
Midland
91.4
Utilities8.3%
Dallas
90.7
Midland
83.2

Salary Equivalency Calculator

Enter your current salary in Dallas to see what you'd need to earn in Midland to maintain the same purchasing power.

$
Equivalent salary in Midland, TX
$74,300
$5,700 less needed in Midland

Formula: salary × (95.8 ÷ 103.1) = salary × 0.9292. Based on BEA Regional Price Parities.

Housing Market

Dallas, TX

Median Home Price
$358,000
Median Monthly Rent
$1,625
Housing Index
117.9
Price-to-Rent Ratio
18.4×

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Dallas has 13.9% lower housing costs compared to Midland.

Income & Job Market

Dallas, TX

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
3.9%
Population
1,304,379
Top Industries
FinanceTechnologyHealthcareTelecommunicationsReal Estate

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Dallas, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Midland, TX
4.9×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.