CostIndexUSA

Midland, TX vs Virginia Beach, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Midland
95.8
overall index
$1,575/mo rent
VA
Virginia Beach
97.9
overall index
$1,800/mo rent

Midland is slightly cheaper than Virginia Beach — 2.2% lower overall cost of living.

To match an $80,000 salary in Midland, you would need $81,800 in Virginia Beach. Calculate your salary ↓

Category Breakdown

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

🏠 Housing1.7%
Midland
101.5
Virginia Beach
99.8
🛒 Groceries+3.2%
Midland
93.8
Virginia Beach
96.8
🚗 Transportation+2.4%
Midland
101.1
Virginia Beach
103.5
🏥 Healthcare+2.5%
Midland
91.4
Virginia Beach
93.7
Utilities+7.7%
Midland
83.2
Virginia Beach
89.6

Salary Equivalency Calculator

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

$
Equivalent salary in Virginia Beach, VA
$81,800
$1,800 more needed in Virginia Beach

Formula: salary × (97.9 ÷ 95.8) = salary × 1.0219. 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×

Virginia Beach, VA

Median Home Price
$360,000
Median Monthly Rent
$1,800
Housing Index
99.8
Price-to-Rent Ratio
16.7×

Midland has 1.7% lower housing costs compared to Virginia Beach.

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

Virginia Beach, VA

Median Household Income
$79,300
Per Capita Income
$45,200
Unemployment Rate
4.3%
Population
459,470
Top Industries
MilitaryTourismHealthcareRetailGovernment

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)

Virginia Beach, VA
3.7×income-to-rent ratio

73% 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.