
Housing costs in Lubbock?
A typical home costs
$195,400, which is 42.2% less expensive than the national average of
$338,100 and 34.3% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$1,170 per month, which is 8.6% cheaper than the national average of
$1,280 and 13.7% more than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79413), Texas, a minimum annual income of
$37,440 for a family, and
$38,400 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79413 Lubbock, TX is quite affordable. The median home value is $126,500, making it one of the most affordable places to live in Texas. The median rent price is $844 per month, which is lower than the US average of $1,470. The overall cost of living index for 79413 Lubbock is 86.5 which is 11.5 points below the US average of 98. This means that housing costs are 12% less than the national average and other expenses such as groceries, transportation, healthcare and utilities are also below the national averages.