Housing costs in Lubbock?
A typical home costs
$91,200, which is 73.0% less expensive than the national average of
$338,100 and 69.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$870 per month, which is 32.0% cheaper than the national average of
$1,280 and 16.1% cheaper than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79404), Texas, a minimum annual income of
$17,640 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79404 Lubbock, TX is relatively low compared to the national average. Groceries and healthcare costs are also lower than the national average, while housing costs are slightly higher. The overall cost of living index in this area is 83.6, which is 17.4 points lower than the national average of 100. This makes Lubbock an attractive place for retirees and people on fixed incomes as they can stretch their money further in this city than other places around the country.