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
Compare Midland, MI With
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.