Cost of Living: Midland, TX vs Lakeland, FL (2026)

Midland

Texas
99
VS

Lakeland

Florida
82

Midland is 21% more expensive than Lakeland.

$1,407/mo ↑ 8%
Median Rent
$1,299/mo ↓ 8%
$91,169/yr ↑ 50%
Median Income
$60,947/yr ↓ 33%
$298,600 ↑ 30%
Home Value
$229,100 ↓ 23%
$1,468/mo ↑ 28%
Owner Costs
$1,149/mo ↓ 22%
133,998
Population
117,030

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

18.5%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Midland, TX and Lakeland, FL, the overall cost of living indices are 99 and 82 respectively (national median = 100). Rent is $108/month cheaper in Lakeland, saving renters about $1,296/year.

Median household income is $30,222/year higher in Midland. Home values also differ significantly — the median in Midland is $298,600 compared to $229,100 in Lakeland.

Frequently Asked Questions

Midland vs Lakeland — common questions

Is Midland or Lakeland cheaper to live in?
Based on our cost index, Lakeland is cheaper to live in with an index of 82 compared to 99 (US average = 100).
What is the rent difference between Midland and Lakeland?
Median rent in Midland is $1,407/month and in Lakeland it's $1,299/month — a difference of $108/month.
Which city has higher income, Midland or Lakeland?
Median household income is $91,169 in Midland and $60,947 in Lakeland. Median household income is $30,222/year higher in Midland.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Midland or Lakeland?
It depends on your priorities. Midland has a cost index of 99 with median rent of $1,407/mo, while Lakeland has a cost index of 82 with rent of $1,299/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Midland details → View Lakeland details →

More Comparisons

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