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 Washington, 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 108, with 100 being the average.
The cost of living index in Midland is 1.1x higher than the national average.
Midland ranks as the #43 cheapest in Washington out of 192.
Midland ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Midland is $268,700.
The median income in Midland is $54,852.
According to the most recent data on the cost of living, Midland has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Washington, Midland has a cost of living index that's 0.9x lower than Washington's index of 115.
The standard of living in Midland ranks as #43 most affordable out of the 192 places we measured in Washington. By definition, that implies Midland ranks as the #149 most expensive place in the Evergreen State.
For more reading on life in Midland, check out:
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 111.
The Groceries index in Midland is 120.
The Health index in Midland is 124.
The Housing index in Midland is 94.
The Transportation index in Midland is 134.
The Utilities index in Midland is 93.
Living Expense | Midland | Washington | National Average | |
---|---|---|---|---|
Overall | 108 | 115 | 100 | |
Services | 111 | 112 | 100 | |
Groceries | 120 | 109 | 100 | |
Health | 124 | 119 | 100 | |
Housing | 94 | 129 | 100 | |
Transportation | 134 | 116 | 100 | |
Utilities | 93 | 90 | 100 |
Housing swings affordability the most between places in Washington, 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 $268,700.
The Median Rent in Midland is $1,198.
The Median Income in Midland is $54,852.
The Home Value To Income in Midland is 4.9x.
The Rent To Monthly Income in Midland is 0.26x.
Statistic | Midland | Washington | United States |
---|---|---|---|
Median Home Value | $268,700 | $397,600 | $244,900 |
Median Rent | $1,198 | $1,439 | $1,163 |
Median Income | $54,852 | $82,400 | $69,021 |
Home Value To Income | 4.9x | 4.8x | 3.5x |
Rent To Monthly Income | 0.26x | 0.21x | 0.2x |
Item | Midland | Washington |
---|---|---|
Shampoo | $1.28 | $1.06 |
Movie | $10.77 | $10.68 |
Bowling | $14.67 | $14.67 |
Haircut | $23.8 | $18.62 |
Beauty Salon | $36.61 | $39.05 |
Item | Midland | Washington |
---|---|---|
Ground Beef | $5.43 | $4.22 |
Fried Chicken | $1.59 | $1.39 |
Milk | $2.35 | $2.05 |
Potatoes | $3.17 | $3.29 |
Pizza | $12.99 | $10.62 |
Beer | $10.22 | $9.38 |
Toothpaste | $2.79 | $2.34 |
Item | Midland | Washington |
---|---|---|
Optometrist | $196.22 | $108.57 |
Doctor | $133.79 | $116.17 |
Dentist | $131.09 | $99.13 |
Item | Midland | Washington |
---|---|---|
Gasoline | $2.92 | $2.22 |
Tire Balancing | $68.92 | $50.07 |
Item | Midland | Washington |
---|---|---|
All Electricity | $135.4 | $167.67 |
Phone | $198.87 | $175.64 |
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:
Tacoma, WA has a cost of living index of 111, 1.0x Midland.
Lakewood, WA has a cost of living index of 115, 1.1x Midland.
Puyallup, WA has a cost of living index of 120, 1.1x Midland.
City | Population | Cost Of Living | Vs. Midland |
---|---|---|---|
Tacoma, WA | 217,332 | 111 | 1.0x |
Lakewood, WA | 62,972 | 115 | 1.1x |
Puyallup, WA | 42,366 | 120 | 1.1x |
Parkland, WA | 38,092 | 109 | 1.0x |
Spanaway, WA | 34,670 | 114 | 1.1x |
Gig Harbor, WA | 11,505 | 141 | 1.3x |
Fife, WA | 10,869 | 126 | 1.2x |
Sumner, WA | 10,545 | 127 | 1.2x |
Yelm, WA | 10,205 | 113 | 1.0x |
Summit, WA | 8,897 | 116 | 1.1x |