Midland, MI Cost Of Living
Cost Of Living In Midland, MI Summary
Cost of living in Midland research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Midland is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Midland is 93, with 100 being the average.
The cost of living index in Midland is 0.9x lower than the national average.
Midland ranks as the #110 cheapest in Michigan out of 175.
Midland ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Midland is $161,300.
The median income in Midland is $67,558.
Table Of Contents
Midland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Midland, MI?
According to the most recent data on the cost of living, Midland has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Michigan, Midland has a cost of living index that's 1.0x higher than Michigan's index of 92.
The standard of living in Midland ranks as #110 most affordable out of the 175 places we measured in Michigan. By definition, that implies Midland ranks as the #65 most expensive place in the Wolverine State.
For more reading on life in Midland, check out:
- Living In Midland
- Midland Crime Report
- Search Homes For Sale In Midland, MI
In Michigan
In America
Midland Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Midland. Here is how it fairs on each of the criteria:
The Services index in Midland is 96.
The Groceries index in Midland is 89.
The Health index in Midland is 96.
The Housing index in Midland is 79.
The Transportation index in Midland is 106.
The Utilities index in Midland is 102.
| Living Expense | Midland | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 93 | 92 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 89 | 96 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 79 | 80 | 100 | |
| Transportation | 106 | 97 | 100 | |
| Utilities | 102 | 100 | 100 | |
Midland, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Midland is $161,300.
The Median Rent in Midland is $870.
The Median Income in Midland is $67,558.
The Home Value To Income in Midland is 2.4x.
The Rent To Monthly Income in Midland is 0.15x.
| Statistic | Midland | Michigan | United States |
|---|---|---|---|
| Median Home Value | $161,300 | $172,100 | $244,900 |
| Median Rent | $870 | $946 | $1,163 |
| Median Income | $67,558 | $63,202 | $69,021 |
| Home Value To Income | 2.4x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Midland, MI Costs By Category
Detailed Midland Services Costs Vs. Michigan
Detailed Midland Groceries Costs Vs. Michigan
Detailed Midland Health Costs Vs. Michigan
Detailed Midland Transportation Costs Vs. Michigan
Detailed Midland Utilities Costs Vs. Michigan
Midland SnackAbility
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Cost Of Living In Cities Around Midland
The cost of living varies in the cities and towns around Midland. Here's a quick look at the cost of living in the most populous nearby places:
Mount Pleasant, MI has a cost of living index of 89, 1.0x Midland.
Owosso, MI has a cost of living index of 90, 1.0x Midland.
Alma, MI has a cost of living index of 81, 0.9x Midland.
| City | Population | Cost Of Living | Vs. Midland |
|---|---|---|---|
| Mount Pleasant, MI | 21,880 | 89 | 1.0x |
| Owosso, MI | 14,708 | 90 | 1.0x |
| Alma, MI | 9,426 | 81 | 0.9x |
| Flushing, MI | 8,356 | 93 | 1.0x |
| St. Johns, MI | 7,700 | 90 | 1.0x |
| Shields, MI | 7,506 | 87 | 0.9x |
| St. Louis, MI | 7,435 | 84 | 0.9x |
| Freeland, MI | 7,427 | 97 | 1.0x |
| Bridgeport, MI | 6,484 | 86 | 0.9x |
