Midland cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMidlandMichiganNational
Cost of living index9289100
IndexMidlandMichiganNational
Goods & Services index10195100
Groceries index9492100
Health care index9596100
Housing index7973100
Transportation index9797100
Utilities index96100100
The above illustration supplies generalized information for the Midland, MI cost of living index. Compared to other cities in Michigan and cities across the country, the cost of living index in Midland, MI is 92, which is 4% higher than the Michigan average and 8% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Midland, MI are 6% higher than the average for Michigan and 1% higher than the rest of the country.

Did you know?

  • The cost of living in Midland is 4% higher than the Michigan average.
  • The cost of living in Midland is 8% lower than the national average.
  • The cost of housing in Midland is 21% lower than the national average.
  • Michigan general sales tax is 18% higher than the national average.
  • Michigan state income tax is 91% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Midland, MI to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Midland, MI, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Midland, MI salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$70,860$5,905$1,653$2,126
Renters$26,422$2,202$616$793
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Midland, MI, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Midland, MI has a median income of about $70,860 for people who own homes. Based on that number, a person should spend a maximum of $1,653 on expenses related to housing. Renters have a slightly different median income, which is $26,422. Based on this average, renters should spend no more than $616 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
For those who live in Midland, MI and want to know what the true cost of living is, they ought to look at both the Michigan income tax rate and the Michigan sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Michigan, the sales tax is 6%, while the most you'll pay in surtax is 6%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Michigan, the income tax rate ranges between 4.25% to 4.25%.

Goods & Services

ItemMidlandNational avg.Difference
Haircut $16.00$14.599.6%
Beauty Salon $35.00$34.680.9%
Toothpaste $1.72$2.4730.5%
Shampoo $0.98$1.024.1%
Movie $10.15$9.872.9%
Bowling $4.27$4.392.8%

Groceries

ItemMidlandNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.19$1.4618.7%
Milk $2.45$2.364.0%
Potatoes $2.82$3.067.9%
Pizza $8.96$9.243.1%
Beer $9.04$8.634.7%

Health Care

ItemMidlandNational avg.Difference
Optometrist $84.50$99.7815.3%
Doctor $94.00$105.0310.5%
Dentist $79.67$88.7010.2%
Ibuprofen $8.48$9.419.9%
Lipitor $342.99$298.5014.9%

Housing

ItemMidlandNational avg.Difference
Home Price $137,900.00$175,700.0021.5%
Avg. Mortgage Payment $849.65$1,081.0321.4%
Apartment Rent $731.00$920.0020.5%

Transportation

ItemMidlandNational avg.Difference
Gasoline $1.95$2.096.8%
Tire Balancing $48.00$45.296.0%

Utilities

ItemMidlandNational avg.Difference
All Electricity$159.83$170.806.4%
Phone $27.99$28.260.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Saginaw, MI50,70080-20%
Breckenridge, MI1,28282-18%
Merrill, MI72382-18%
Auburn, MI2,06388-12%
Sanford, MI95089-11%
Midland, MI42,06792-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
State College, PA42,06611414%
San Bruno, CA42,09017171%
Hutchinson, KS41,94684-16%
Keller, TX41,91311919%
Smyrna, TN42,23595-5%
Midland, MI42,06792-8%
Source: The Midland, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.