Housing costs in Lubbock?
A typical home costs
$152,500, which is 54.9% less expensive than the national average of
$338,100 and 48.8% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$1,000 per month, which is 21.9% cheaper than the national average of
$1,280 and close to the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79414), Texas, a minimum annual income of
$29,160 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79414 Lubbock, TX is quite reasonable. According to Sperling's Best Places, the average cost of living for an individual is approximately 11% lower than the US average and 5% lower than the Texas average. The median home value in 79414 is $129,800, which is significantly less than many other cities across Texas and the United States. Additionally, groceries are 3% cheaper than the national average and utilities are 14% lower than the US average. All these factors make it one of the most affordable places to live in Texas.