Living in Midland, Texas

At the midway point between Forth Worth and El Paso, you will find the city of Midland, Texas. Named after its "midway" location, Midland is known for its abundance of oil. In 1923, oil was discovered in the Permain Basin and this small farm town was changed forever. Midland is the center of the oil industry in West Texas. In 2006, there was a busy period of crude oil production, creating a high demand for people to work in the oil industry, with over 2,000 open jobs in Midland alone. Though Midland is known for its oil production, there are also many museums and performing arts centers in the city, as well as three community colleges. With so many job opportunities in the oil industry, how much will it cost to relocate to Midland, Texas? Use PayScale’s Cost of Living Calculator to find out.

Cost of Living in Midland, Texas

If you are looking for an affordable place to live, you should consider Midland, Texas. The Cost of Living in Midland, Texas is twelve percent less than the national average, making it a very affordable city. The primary reason for Midland's low cost of living is that the cost of housing there is 25 percent lower than the national average. If you are moving from a larger city with a higher cost of living, you may be able to afford a larger house or apartment for the same amount of money. Compared to other expenses, the cost of transportation in Midland is relatively high. However, the< a href=http://www.payscale.com/research/US/People_in_the_Midland%2c_Texas_Metropolitan_Area/Commute_Time>Average Commute Time is only fifteen minutes.

How does the cost of living in Midland, Texas compare to your city? Use PayScale’s Cost of Living Calculator to compare cost of living information between cities.

Salaries in Midland, Texas

The economy in Midland, Texas still relies heavily on the petroleum industry. Researching Median Salaries by Job shows that the median petroleum engineer salary is $81,636 while petroleum geologists earn a median salary of $99,699, two of the highest paid professions in Midland.

For the many engineering students who are considering employment in the petroleum industry, researching starting salaries is very important. Measuring Median Salary by Years of Experience shows that people with less than one year of experience earn around $40,000. As experience increases, salaries do as well; for someone with twenty years of experience, the median salary is $63,251.