Salary Needed to Live in Midland as a Single
A single adult living independently needs approximately $18,092/year to live comfortably in Midland, TX — including 10% savings.
Comfortable Salary
$18,092
with 10% savings
Bare Minimum
$15,680
no savings buffer
Monthly Expenses
$980
10% below national avg
Detailed Monthly Budget for a Single in Midland
| Expense | Midland | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $120 | $113 | +6% |
| 🛒 Groceries | $23 | $17 | +35% |
| ⚡ Utilities | $10 | $14 | -29% |
| 🚗 Transportation | $21 | $26 | -19% |
| 🛡️ Car Insurance | $140 | $223 | -37% |
| 🏥 Health Insurance | $59 | $56 | +5% |
| Internet | $61 | $65 | -6% |
| Phone | $80 | $85 | -6% |
| Dining & Social | $282 | $300 | -6% |
| Entertainment | $113 | $120 | -6% |
| Personal Care | $71 | $75 | -5% |
| Total Monthly | $980 | $1,094 | -10% |
How We Calculated the Salary
Monthly expenses:$980
Target savings (10%):$126/mo
Monthly after-tax needed:$1,106
Effective tax rate:25%
Gross annual salary needed:$18,092
Other Household Types in Midland
Related Pages
FAQ
What salary does a single person need in Midland?
A single person needs approximately $18,092/year ($1,508/month gross) to live comfortably in Midland with a 10% savings rate.
How much is rent for a single person in Midland?
A studio/1br in Midland costs approximately $120/month, which is the largest single expense at 12% of the total budget.
Is Midland affordable for a single person?
Yes, Midland is 10% more affordable than the national average for a single person.