Cost of Living in Lubbock, TX
| Cost of Living in Lubbock, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 0% | 16% lower |
| Utilities (Monthly) | 13% lower | 12% lower |
| Food | 0% | 4% lower |
| Healthcare | 10% lower | 11% lower |
| Transportation | 5% lower | 11% lower |
| Goods & Services | 8% lower | 6% lower |
The cost of living in Lubbock, TX is 5% lower than the state average and 10% lower than the national average. Lubbock, TX housing is 16% cheaper than the U.S average, while utilities are about 12% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 4% cheaper in Lubbock, TX than in the rest of the country, while clothing costs around 6% less .
Healthcare services such as doctor check-ups and dentistry cost 11% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Lubbock, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Lubbock is $1,132, while home prices circle around $480,059.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lubbock, energy bills cost around $161.89 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.64 in Lubbock, a dozen eggs go for around $3.05 and a pound of potatoes circles around $3.67.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Lubbock, an optometry check-up costs around $137.19, while a dentist appointment is priced $108.27 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.95 in Lubbock, while getting your tires balanced will run you about $56.36.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $40.42 here. Meanwhile, a pair of women's slacks will set you back around $49.05.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Lubbock, you should budget around $10.16 a month. When it comes to personal services, a haircut usually goes for $24.55, while dry cleaning costs about $15.74.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Lubbock, the median household income is $60,487.