CostByCity

Cost of Living in Midland, MI

2024 data from the Bureau of Economic Analysis

Cost Index
91.9
8.1% below avg
Housing Index
66.7
Median Income
$73,643
Median Rent
$931/mo

Cost Breakdown

Overall91.9 (-8.1%)
Housing66.7 (-33.3%)
Goods93.7 (-6.3%)
Utilities95.2 (-4.8%)
Other Services99.6 (-0.4%)

National average = 100

Income & Housing

Median Household Income
$73,643/year
Median Home Value
$171,600
Median Monthly Rent
$931/mo
Per Capita Income
$41,594/year

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Frequently Asked Questions

Is Midland, MI expensive to live in?
Midland, MI has a cost of living index of 91.9, which is 8.1% below the national average.
How much does housing cost in Midland, MI?
Housing costs in Midland, MI are indexed at 66.7 compared to the national average of 100. The median monthly rent is $931.
What is the average income in Midland, MI?
The median household income in Midland, MI is $73,643 per year.
What is the average home price in Midland, MI?
The median home value in Midland, MI is $171,600.