Housing costs in Lufkin?
A typical home costs
$143,700, which is 57.5% less expensive than the national average of
$338,100 and 51.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lufkin costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 50.6% cheaper than the state average of
$1,280.
Can I afford Lufkin?
To live comfortably in Lufkin, Texas, a minimum annual income of
$27,360 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lufkin?
The cost of living in Lufkin, TX is quite affordable compared to other cities in the state. According to BestPlaces, the cost of living index is estimated at 77.22, which is around 22% lower than the US average. Food and transportation are reasonably priced, with groceries costing around 10% less than the national average and a gallon of gas only costing $2.12 on average. The median rent for a one-bedroom apartment is $744 per month, making it a great option for those who want to enjoy an affordable lifestyle while also having access to all that the city has to offer. Additionally, property taxes are also low at an effective rate of 2%, making it a great place for homeowners looking to save money on their housing costs.