Lockhart, Texas vs. Banks, Alabama

Cost of Living Comparison

The cost of living in Banks, Alabama is 15.9% cheaper than Lockhart, Texas.

You would need a salary of $42,034 in Banks, Alabama to maintain the standard of living you have in Lockhart, Texas.
Comparison highlights
• Overall, Banks, Alabama is cheaper than Lockhart, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
40% cheaper in Banks
than in Lockhart, Texas
Lockhart, TX vs. Banks, AL
Compared to Lockhart, Banks is:
  Homeowner
      No Child Care, Taxes not Considered
  15.9% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  1.6% higher
  Housing (Homeowner)
  18.0% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.6% lower
  Commute
  35.4% lower
  Health
  9.4% higher
  Taxes
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  Childcare
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  Personal
  1.7% lower
Cost of Food
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