Cost of Living Comparison 2026
Data: HUD rent estimates, BLS cost of living
You'd spend $3.00/month more in Midland, TX
$150.0K in your current city equals $150.0K in Midland, TX
Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.
Waco, TX
Midland, TX
Waco, TX
The Lone Star State
Located in Texas, this city has a population of 145K residents.
💡 Advantage: Texas has no state income tax!
Midland, TX
The Lone Star State
Located in Texas, this city has a population of 138K residents.
💡 Advantage: Texas has no state income tax!
Cost Breakdown by Category
Annual spending: Waco, TX vs Midland, TX
| Category | Waco, TX | Midland, TX | Difference | Change |
|---|---|---|---|---|
Housing | $1,950/mo | $2,112/mo | ↑ $163more | 8.3% |
Other | $1,576/mo | $1,669/mo | ↑ $93.07more | 5.9% |
Healthcare | $626/mo | $548/mo | ↓ $77.59less | 12.4% |
Transportation | $1,273/mo | $1,347/mo | ↑ $74.54more | 5.9% |
All Utilities | $557/mo | $506/mo | ↓ $51.08less | 9.2% |
Groceries | $970/mo | $957/mo | ↓ $12.73less | 1.3% |
🏠Rent Comparison
1BR range: $1,000–$1,160/mo
1BR range: $1,440–$1,600/mo
💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.
Home Values
Homes in Midland are 43% more expensive than Waco
Source: Zillow Home Value Index (ZHVI), January 2026
Tax Comparison
Annual tax burden comparison at $150.0K salary
Waco, TX
Midland, TX
Additional Tax Information
Waco, TX Tax Rates
Midland, TX Tax Rates
💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.
Environment
Where your money goes further
Cities cheaper than Waco, TX on a $150.0K salary
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