Cost of Living in Lubbock, TX
| Cost of Living in Lubbock, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 1% lower | 17% lower |
| Utilities (Monthly) | 11% lower | 9% lower |
| Food | 2% higher | 7% lower |
| Healthcare | 2% lower | 8% lower |
| Transportation | 10% lower | 12% lower |
| Goods & Services | 0% | 4% lower |
The cost of living in Lubbock, TX is 2% lower than the state average and 9% lower than the national average. Lubbock, TX housing is 17% cheaper than the U.S average, while utilities are about 9% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 4% less in Lubbock, TX than in the rest of the country, while clothing costs around 4% less .
Healthcare services such as doctor check-ups and dentistry cost 8% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% 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 $1,128, while home prices circle around $402,510.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lubbock, energy bills cost around $147.57 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 $2.77 in Lubbock, a dozen eggs go for around $2.93 and a pound of potatoes circles around $2.75.
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 $123.79, while a dentist appointment is priced $99.55 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.38 in Lubbock, while getting your tires balanced will run you about $47.71.
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 $40.85 here. Meanwhile, a pair of women's slacks will set you back around $44.60.
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 $10.06 a month. When it comes to personal services, a haircut usually goes for $19.58, while dry cleaning costs about $14.29.
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 $54,060.