New York, NY vs Lubbock, TX
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York is materially more expensive on housing — $752,000 for a typical home compared with $198,000 in Lubbock, a gap of roughly 74%. Lubbock also has no state income tax, while the other state tops out at 10.9% — a meaningful annual difference at higher income levels.
Median Home Value
$751,700
$197,900 ✓
Zillow Home Value
$812,534
$207,080
Median Gross Rent
$1,779/mo
$1,137/mo ✓
Owner Occupied %
32.8%
50.8%
Price-to-Rent Ratio
35.2x
14.5x
Median Household Income
$79,713 ✓
$60,487
Per Capita Income
$50,776
$34,629
Unemployment Rate
7.7%
4.8% ✓
Poverty Rate
17.4%
19.0%
Avg Commute (min)
44.8 min
17.5 min
Drove Alone %
21.9%
77.3%
Public Transit %
45.5%
0.7%
Work From Home %
15.0%
6.5%
State Income Tax
10.9%
None
Total Sales Tax
8.5%
8.2% ✓
Property Tax Rate
1.7%
1.7%
Bachelor's Degree %
23.6%
20.8%
Median Age
38
30.4
Avg High Temp
62.6°F
74.9°F
Annual Precipitation
49.5"
18.3"
Annual Snowfall
29.8"
7"
New York, NY 1 wins
- ✓Median Household Income
Lubbock, TX 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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