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% higher | 14% lower |
Utilities (Monthly) | 9% lower | 6% lower |
Food | 2% higher | 7% lower |
Healthcare | 4% higher | 1% lower |
Transportation | 6% lower | 14% lower |
Goods & Services | 1% higher | 2% lower |
The cost of living in Lubbock, TX is 0% than the state average and 8% lower than the national average. Lubbock, TX housing is 14% cheaper than the U.S average, while utilities are about 6% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2% less in Lubbock, TX than in the rest of the country, while clothing costs around 2% less .
Healthcare services such as doctor check-ups and dentistry cost 1% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 2% cheaper in Lubbock, TX.
Housing (Buy and Rent)
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 $1,061, while home prices circle around $351,868.
Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Lubbock, energy bills cost around $149.99 per month.
Food
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 $1.96 in Lubbock, a dozen eggs go for around $1.46 and a pound of potatoes circles around $3.37.
Healthcare
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 $109.11, while a dentist appointment is priced $100.76 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $1.99 in Lubbock, while getting your tires balanced will run you about $43.80.
Goods & Services
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 $32.49 here. Meanwhile, a pair of women's slacks will set you back around $34.40.
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 $10.87 a month. When it comes to personal services, a haircut usually goes for $15.03, while dry cleaning costs about $12.62.
Income
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 $51,623.