Cost of Living in Lubbock, TX
Population 261,078 · Texas · Data vintage 2023
(100 = US avg)
Lubbock lands reasonably close to national benchmarks on most cost indicators, with a median home value of $198,000 — 35% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Texas.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lubbock
The median home value in Lubbock is $197,900 — 35% below the national median of $305,000. Median rent runs $1,137/month, 13% lower than the national median of $1,314/month. The median household income of $60,487/year is 19% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 74.9°F and lows of 47.8°F, with about 7" of annual snowfall. Overall, Lubbock has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 55 | 60 | 68 | 76 | 84 | 92 | 93 | 92 | 85 | 76 | 64 | 55 |
| Low °F | 27 | 31 | 38 | 46 | 57 | 66 | 69 | 68 | 60 | 48 | 36 | 28 |
| Precip" | 0.65 | 0.65 | 1.10 | 1.33 | 2.69 | 2.58 | 1.96 | 1.74 | 2.55 | 1.53 | 0.80 | 0.75 |
| Snow" | 1.6 | 1.4 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 1.0 | 2.4 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lubbock, TX?
Lubbock has a cost index of 74 (100 = national average). It is 26% below the national average.
What is average rent in Lubbock, TX?
The median gross rent in Lubbock is $1,137 per month based on 2023 Census data.
What is the average home price in Lubbock?
The median home value in Lubbock is $197,900 according to Zillow and Census data.
What is the median income in Lubbock?
The median household income in Lubbock is $60,487 per year (2023 ACS 5-year estimates).
What is the sales tax in Lubbock, TX?
The combined state and local sales tax rate in Lubbock is 8.2%. Texas has no state income tax.
Is Lubbock, TX affordable?
Yes, Lubbock is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.
What is the weather like in Lubbock?
Lubbock has average high temperatures of 74.9°F and average lows of 47.8°F. Annual precipitation is 18.3". Average annual snowfall is 7". Data from NOAA 1991–2020 Climate Normals.
Lubbock at a Glance
- Population
- 261,078
- Median Income
- $60,487
- Home Value
- $197,900
- Median Rent
- $1,137/mo
- Unemployment
- 4.8%
- Avg High Temp
- 74.9°F
- Sales Tax
- 8.2%
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