Housing costs in Lubbock?
A typical home costs
$122,200, which is 63.9% less expensive than the national average of
$338,100 and 58.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$910 per month, which is 28.9% cheaper than the national average of
$1,280 and 11.0% cheaper than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79412), Texas, a minimum annual income of
$23,400 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lubbock?
Lubbock, TX, with zip code 79412, has a reasonable cost of living. According to the Council for Community and Economic Research’s Cost of Living Index, the cost of living in Lubbock is around 9% lower than the national average. Rent costs are especially affordable, with an average one bedroom apartment costing around $740 per month. Groceries and other necessities are also reasonably priced. Overall, Lubbock offers a great quality of life at an affordable price.