CostIndexUSA

Midland, TX vs Roanoke, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Midland
95.8
overall index
$1,575/mo rent
More AffordableVA
Roanoke
93.6
overall index
$1,350/mo rent

Roanoke is slightly cheaper than Midland — 2.3% lower overall cost of living.

To match an $80,000 salary in Midland, you would need $78,200 in Roanoke. Calculate your salary ↓

Category Breakdown

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

🏠 Housing22.7%
Midland
101.5
Roanoke
78.5
🛒 Groceries+3.2%
Midland
93.8
Roanoke
96.8
🚗 Transportation+2.4%
Midland
101.1
Roanoke
103.5
🏥 Healthcare+2.5%
Midland
91.4
Roanoke
93.7
Utilities+6.9%
Midland
83.2
Roanoke
88.9

Salary Equivalency Calculator

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

$
Equivalent salary in Roanoke, VA
$78,200
$1,800 less needed in Roanoke

Formula: salary × (93.6 ÷ 95.8) = salary × 0.9770. Based on BEA Regional Price Parities.

Housing Market

Midland, TX

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

Roanoke, VA

Median Home Price
$287,000
Median Monthly Rent
$1,350
Housing Index
78.5
Price-to-Rent Ratio
17.7×

Midland has 22.7% lower housing costs compared to Roanoke.

Income & Job Market

Midland, TX

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

Roanoke, VA

Median Household Income
$65,500
Per Capita Income
$37,300
Unemployment Rate
3.2%
Population
99,394
Top Industries
HealthcareManufacturingRetailFinanceGovernment

Affordability at a Glance

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

Midland, TX
4.9×income-to-rent ratio

80% of income left after rent (median)

Roanoke, VA
4.0×income-to-rent ratio

75% 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.