Cost of Living: Midland, TX vs Independence, MO (2026)

Midland

Texas
99
VS

Independence

Missouri
67

Midland is 48% more expensive than Independence.

$1,407/mo ↑ 33%
Median Rent
$1,061/mo ↓ 25%
$91,169/yr ↑ 53%
Median Income
$59,480/yr ↓ 35%
$298,600 ↑ 79%
Home Value
$166,400 ↓ 44%
$1,468/mo ↑ 40%
Owner Costs
$1,046/mo ↓ 29%
133,998
Population
121,944

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
4.225%
1.6%
Property Tax
0.93%

Affordability

18.5%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Midland, TX and Independence, MO, the overall cost of living indices are 99 and 67 respectively (national median = 100). Rent is $346/month cheaper in Independence, saving renters about $4,152/year.

Median household income is $31,689/year higher in Midland. Home values also differ significantly — the median in Midland is $298,600 compared to $166,400 in Independence.

Texas has no state income tax, giving Midland residents a significant tax advantage over Missouri's 4.95% rate.

Frequently Asked Questions

Midland vs Independence — common questions

Is Midland or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 99 (US average = 100).
What is the rent difference between Midland and Independence?
Median rent in Midland is $1,407/month and in Independence it's $1,061/month — a difference of $346/month.
Which city has higher income, Midland or Independence?
Median household income is $91,169 in Midland and $59,480 in Independence. Median household income is $31,689/year higher in Midland.
How do taxes compare between Texas and Missouri?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Midland or Independence?
It depends on your priorities. Midland has a cost index of 99 with median rent of $1,407/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Midland details → View Independence details →

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