CostIndexUSA

Elk Grove, CA vs Midland, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Elk Grove
106.7
overall index
$2,200/mo rent
More AffordableTX
Midland
95.8
overall index
$1,575/mo rent

Midland is moderately cheaper than Elk Grove — 10.2% lower overall cost of living.

To match an $80,000 salary in Elk Grove, you would need $71,800 in Midland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing22.0%
Elk Grove
130.2
Midland
101.5
🛒 Groceries10.8%
Elk Grove
105.2
Midland
93.8
🚗 Transportation4.0%
Elk Grove
105.3
Midland
101.1
🏥 Healthcare4.1%
Elk Grove
95.3
Midland
91.4
Utilities45.0%
Elk Grove
151.3
Midland
83.2

Salary Equivalency Calculator

Enter your current salary in Elk Grove to see what you'd need to earn in Midland to maintain the same purchasing power.

$
Equivalent salary in Midland, TX
$71,800
$8,200 less needed in Midland

Formula: salary × (95.8 ÷ 106.7) = salary × 0.8978. Based on BEA Regional Price Parities.

Housing Market

Elk Grove, CA

Median Home Price
$566,000
Median Monthly Rent
$2,200
Housing Index
130.2
Price-to-Rent Ratio
21.4×

Midland, TX

Median Home Price
$320,000
Median Monthly Rent
$1,575
Housing Index
101.5
Price-to-Rent Ratio
16.9×

Elk Grove has 22.0% lower housing costs compared to Midland.

Income & Job Market

Elk Grove, CA

Median Household Income
$95,000
Per Capita Income
$54,100
Unemployment Rate
5.8%
Population
176,124
Top Industries
HealthcareGovernmentRetailTechnologyEducation

Midland, TX

Median Household Income
$92,900
Per Capita Income
$53,000
Unemployment Rate
2.2%
Population
132,950
Top Industries
EnergyOil & GasHealthcareManufacturingFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Elk Grove, CA
3.6×income-to-rent ratio

72% of income left after rent (median)

Midland, TX
4.9×income-to-rent ratio

80% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.