Irving, TX vs Midland, TX
Irving, TX and Midland, TX have a very similar cost of living, with only a 4.9% difference in their overall index. Irving scores 105 while Midland scores 101 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Irving is $1,517/month compared to $1,407/month in Midland — a 8% difference. Interestingly, home values tell a different story: while Midland has cheaper rent, Irving actually has lower median home values ($287,300 vs $298,600).
Median household income in Irving is $79,641 compared to $91,169 in Midland (-12.6%). Midland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Irving spend roughly 22.9% of their income on rent, more than the 18.5% in Midland.
Climate-wise, both cities share similar average temperatures (66.6°F vs 65.8°F). Irving receives more rainfall at 37" per year compared to 13.5" in Midland.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)