Cost of Living: New York, NY vs Midland, TX (2026)

New York

New York
166
VS

Midland

Texas
99

New York is 68% more expensive than Midland.

$1,779/mo ↑ 26%
Median Rent
$1,407/mo ↓ 21%
$79,713/yr ↓ 13%
Median Income
$91,169/yr ↑ 14%
$751,700 ↑ 152%
Home Value
$298,600 ↓ 60%
$1,837/mo ↑ 25%
Owner Costs
$1,468/mo ↓ 20%
8,516,202
Population
133,998

Tax Comparison

10.9%
Income Tax
0%
4.0%
State Sales Tax
6.25%
1.62%
Property Tax
1.6%

Affordability

26.8%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing New York, NY and Midland, TX, the overall cost of living indices are 166 and 99 respectively (national median = 100). Rent is $372/month cheaper in Midland, saving renters about $4,464/year.

Median household income is $11,456/year higher in Midland. Home values also differ significantly — the median in New York is $751,700 compared to $298,600 in Midland.

Texas has no state income tax, giving Midland residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

New York vs Midland — common questions

Is New York or Midland cheaper to live in?
Based on our cost index, Midland is cheaper to live in with an index of 99 compared to 166 (US average = 100).
What is the rent difference between New York and Midland?
Median rent in New York is $1,779/month and in Midland it's $1,407/month — a difference of $372/month.
Which city has higher income, New York or Midland?
Median household income is $79,713 in New York and $91,169 in Midland. Median household income is $11,456/year higher in Midland.
How do taxes compare between New York and Texas?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to New York or Midland?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View Midland details →

More Comparisons

Other cost of living comparisons for New York and Midland

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