Housing costs in Lubbock?
A typical home costs
$148,500, which is 56.1% less expensive than the national average of
$338,100 and 50.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$1,080 per month, which is 15.6% cheaper than the national average of
$1,280 and 6.5% more than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79401), Texas, a minimum annual income of
$28,440 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79401 Lubbock, TX is relatively low when compared to other parts of the United States. The median home price in 79401 is $150,000 which is much lower than the national average. Renting a two bedroom apartment will cost around $800 per month. Groceries, dining out and entertainment are also quite affordable. Additionally, the city has a very low unemployment rate, which keeps costs down for residents. Overall, living in 79401 Lubbock, TX is an excellent option for people looking for an affordable place to live that still offers plenty of amenities and opportunities.