Texas vs Michigan: cost of living compared

Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).

Is it cheaper to live in Texas or Michigan?

  • Overall, living costs in Michigan and Texas are within 1% of each other (BEA, 2024).
  • To keep the same standard of living, $75,000 in Texas works out to about $74,400 in Michigan, before taxes.
  • Housing is 14.7% lower in Michigan, goods 2.1% lower and other services 4.0% higher, which roughly cancel out.
  • After adjusting for local prices, personal income per person is $53,569 in Michigan and $58,219 in Texas (8.0% lower in Michigan; BEA, 2024, in 2017 dollars).
  • Inside each state, metro price levels run from 90.5 in Battle Creek, MI to 100.9 in Ann Arbor, MI (Michigan) and from 83.8 in Eagle Pass, TX to 103.1 in Dallas, TX (Texas), US = 100.
  • The gap has narrowed since 2019, when Michigan was 3.2% less expensive than Texas.

derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.

Try your own salary

18% matches BEA's average basket. Set your own share if housing takes more or less of your budget.

Category by category

Both states against the US average (100).

Overall prices are about the same in Texas and Michigan

Price level by category, 2024. US average = 100.

  • Texas
  • Michigan
All items
Texas: 97.1 Michigan: 96.2
Goods
Texas: 98.1 Michigan: 96.0
Housing (rents)
Texas: 96.5 Michigan: 82.3
Utilities
Texas: 87.5 Michigan: 100.2
Other services
Texas: 97.1 Michigan: 100.9

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
TexasMichigan
All items97.196.2
Goods98.196.0
Housing (rents)96.582.3
Utilities87.5100.2
Other services97.1100.9
CategoryTexasMichiganMichigan vs Texas
All items97.196.2−0.9%
Goods98.196.0−2.1%
Housing (rents)96.582.3−14.7%
Utilities87.5100.2+14.4%
Other services97.1100.9+4.0%
Income per person, adjusted for prices $58,219 $53,569 −8.0%
Regular gas, week of October 19, 2026* $3.70 $4.14 +11.9%
Salary to match $75,000 in Texas $75,000 $74,400 −0.9%

Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *Midwest region average (EIA has no separate Michigan figure).

Cheapest and most expensive places in each state

Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.

How the gap has changed since 2008

The price gap between Texas and Michigan has been fairly stable since 2008

Overall price level each year, 2008–2024. US average = 100.

  • Texas
  • Michigan
US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
TexasMichigan
200897.195.9
200996.796.0
201097.796.2
201197.095.2
201297.795.0
201398.195.2
201498.495.5
201598.393.7
201698.193.6
201797.492.7
201897.894.5
201998.595.4
202098.894.4
202198.494.3
202297.493.6
202397.194.3
202497.196.2

Goods

  • Texas
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
TexasMichigan
200897.195.3
200996.197.7
201098.198.2
201196.598.5
201297.698.2
201397.698.4
201497.498.6
201597.197.8
201698.497.7
201797.197.3
201897.198.5
201997.996.1
202098.295.9
202198.594.7
202297.293.3
202398.195.8
202498.196.0

Housing (rents)

  • Texas
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
TexasMichigan
200888.087.8
200988.285.0
201089.386.8
201189.783.9
201291.183.2
201391.482.7
201493.683.3
201594.080.7
201695.682.4
201795.281.0
201895.280.7
201995.882.0
202095.880.7
202195.680.7
202297.080.8
202397.578.9
202496.582.3

Utilities

  • Texas
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
TexasMichigan
2008101.495.8
200996.2103.3
201098.1104.8
201194.4104.9
201293.1106.4
201395.7105.9
201494.999.3
201591.199.4
201691.9100.0
201788.0101.2
201887.5102.4
201987.798.7
202085.0103.1
202186.2101.7
202288.797.7
202392.499.7
202487.5100.2

Other services

  • Texas
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
TexasMichigan
2008100.099.3
2009100.498.7
2010100.397.8
2011100.196.5
2012100.496.5
2013101.097.0
2014101.197.4
2015101.195.3
201699.094.6
201798.993.4
201899.896.2
2019100.599.2
2020101.398.1
2021100.098.4
202298.297.9
202396.698.5
202497.1100.9

What incomes buy in each state

Income per person after adjusting for prices: $53,569 in Michigan, $58,219 in Texas

Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).

  • Texas
  • Michigan
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
TexasMichiganUnited States
2008$46,068$41,949$45,816
2009$43,349$40,151$44,204
2010$44,078$40,986$44,808
2011$46,663$42,724$45,957
2012$47,554$43,541$46,796
2013$47,301$43,149$46,358
2014$48,959$44,089$47,661
2015$48,983$47,218$49,396
2016$47,686$48,000$49,828
2017$49,918$48,928$51,006
2018$51,551$48,921$52,242
2019$52,343$49,306$53,683
2020$53,181$53,586$56,514
2021$56,442$55,679$59,365
2022$56,452$53,454$57,104
2023$57,708$53,903$58,088
2024$58,219$53,569$59,195

More

Related state comparisons

What this comparison leaves out

  • Taxes. State income, sales and property taxes differ a lot between states and are not included.
  • Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
  • Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
  • Timing. BEA price levels and incomes are for 2024; gas prices are weekly.

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