Housing costs in Lubbock?
A typical home costs
$106,500, which is 68.5% less expensive than the national average of
$338,100 and 64.2% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$960 per month, which is 25.0% cheaper than the national average of
$1,280 and 5.2% cheaper than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79411), Texas, a minimum annual income of
$20,520 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79411 Lubbock, TX is relatively affordable when compared to other cities. This is due in part to the area’s low taxes and low housing costs. According to BestPlaces, the city has an overall cost of living index of 68.95, which is lower than the national average. Rent typically ranges from $575 for a one-bedroom apartment to around $800 for a three-bedroom apartment. Grocery prices are also quite reasonable and you can expect to pay around 10.44% less than the national average on items like bread, milk, and eggs. Transportation costs are also surprisingly low thanks to the abundance of public transportation options in the city.