Zip 79241 (Lockney, TX) Cost of Living


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United States / Texas / No Metro Area / Floyd County / Lockney / Lockney (zip 79241)
How much do I need to live in Lockney, Texas?
$1,440 / month
for a family, 73.3% less expensive than the national average A total of $17,280 for the year for a family.
$2,033 / month
for a single person, 57.4% less expensive than the national average A total of $24,400 for the year for a single person.

Lockney cost of living score
67.4
Less expensive
32.6% lower
than the US average
28.5% lower
than the Texas average
Lockney (zip 79241), Texas gets a BestPlaces Cost of Living score of 67.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 32.6% lower than the U.S. average and 28.5% higher than the average for Texas.

Zip 79241 (Lockney, TX)

Housing costs in Lockney?
A typical home costs $89,900, which is 73.4% less expensive than the national average of $338,100 and 69.8% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Lockney costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 60.0% cheaper than the state average of $1,280.

Can I afford Lockney?
To live comfortably in Lockney (zip 79241), Texas, a minimum annual income of $17,280 for a family, and $24,400 for a single person is recommended.

What does A.I. say about Lockney?
79241 Lockney, TX is a great place to live due to its low cost of living. The cost of living in 79241 Lockney, TX is 7% lower than the U.S. average. The median home value for 79241 is around $58,000 and the median rent for a two-bedroom apartment is around $769/month. Residents can also benefit from the low utility rates in 79241, as electricity rates are about 12% lower than the national average. Additionally, groceries are slightly more expensive compared to other cities but still remain below the U.S. average overall. All in all, living in 79241 Lockney, TX is an affordable option that makes it a great community to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLockneyTexasUnited States
    Unlock94.2100.0
  89.9  Unlock100.0
    Unlock100.0100.0
  27.4  Unlock100.0
    Unlock$297,600$338,100
  99.5  Unlock100.0
    Unlock103.3100.0
  73.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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