Housing costs in Lubbock?
A typical home costs
$93,700, which is 72.3% less expensive than the national average of
$338,100 and 68.5% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lubbock costs
$910 per month, which is 28.9% cheaper than the national average of
$1,280 and 11.0% cheaper than the state average of
$1,010.
Can I afford Lubbock?
To live comfortably in Lubbock (zip 79403), Texas, a minimum annual income of
$18,000 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Lubbock?
The cost of living in 79403 Lubbock, TX is quite affordable. The median home price is $165,800, and the median rent is around $900. This makes it a great option for those looking to purchase a home or find an affordable rental. Groceries and utilities are also reasonably priced, making this a great place to live comfortably without spending too much money. Additionally, the job market in Lubbock is robust, with many opportunities for employment. Along with the low cost of living and abundant job opportunities, Lubbock has a low crime rate and a high quality of life. All in all, 79403 Lubbock, TX can be an ideal place to settle down for those on a limited budget.