Cost of living in Lubbock: rent, homes and salary
Cost of living in Lubbock sits 8.7% under the US average. In the Lubbock, TX metro area, the 2024 BEA regional price parity (RPP) reads 91.3. The US figure is 100, and housing alone comes to 76.4.
- Overall prices
- 91.3US = 100, BEA 2024
- Price level for housing
- 76.4. Rent, US = 100.
Index of cost of living in Lubbock
A regional price parity puts one place next to the US average, set at 100, by comparing prices for the same basket of goods and services. BEA prices the whole Lubbock, TX metro area as one, and Lubbock sits inside it. Housing (rents) sits furthest from the US average, at 76.4, or 23.6% below the US.
| Price level, US = 100 | Lubbock, TX metro | Texas | Metro against the US |
|---|---|---|---|
| All items | 91.3 | 97.1 | −8.7% |
| Goods | 93.8 | 98.1 | −6.2% |
| Housing (rents) | 76.4 | 96.5 | −23.6% |
| Utilities | 82.8 | 87.5 | −17.2% |
| Other services | 96.2 | 97.1 | −3.8% |
Regional price parities for 2024, by metro area and state, come from the U.S. Bureau of Economic Analysis. BEA price parity data
Lubbock rent
Zillow Observed Rent Index (ZORI) puts Lubbock's typical asking rent at $1,315 a month, and it covers homes listed now. The figure is +1.7% on a year. In the US, the figure is $1,932. From the Census, median gross rent is $1,236, a figure that covers all renting households rather than only new leases. One year of the asking rent equals 25% of the median household income.
| Rent | Lubbock | United States |
|---|---|---|
| Typical asking rent, Zillow ZORI | $1,315 | $1,932 |
| Asking rent, 12-month change | +1.7% | |
| Median gross rent, Census ACS 2024 | $1,236 | $1,487 |
| Share of median income taken by a year of asking rent | 25% | 28% |
Zillow Observed Rent Index; Census Bureau American Community Survey 2024, with one-year estimates.
Lubbock home prices
In September 2026, the Zillow Home Value Index (ZHVI) put a typical Lubbock home at $210,957. That index measures what a home near the middle of the market is worth. Year over year, that is +2.2%, against $366,157 for the US. That is 3.4 years of median household income, compared with 4.5 for the US.
| Home prices | Lubbock | United States |
|---|---|---|
| Typical home value, September 2026 | $210,957 | $366,157 |
| 12-month change | +2.2% | +1.2% |
| 10-year change | +51.1% | +77.4% |
| Price to income (years of median income) | 3.4 | 4.5 |
| Price to rent (years of asking rent) | 13.4 | 15.8 |
Days on market, the forecast, and the price chart since 2000: Lubbock housing market.
Salary you need to live in Lubbock
To match what your pay buys now, two questions matter for the salary in Lubbock: where you are living and what your earnings are.
- Moving from where you are now
- Salary
The method, with each city side by side: cost of living by city.
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Lubbock compared with other cities on cost of living
| City | Overall prices | Housing | Rent, typical | Home value, typical |
|---|---|---|---|---|
| Lubbock | 91.3 | 76.4 | $1,315 | $210,957 |
| Houston | 98.6 | 104.5 | $1,544 | $259,465 |
| San Antonio | 94.7 | 94.6 | $1,381 | $244,623 |
| Dallas | 103.1 | 117.9 | $1,604 | $303,442 |
| Austin | 98.1 | 120.4 | $1,571 | $491,960 |
| El Paso | 89.9 | 71.2 | $1,508 | $237,556 |
| Corpus Christi | 92.7 | 84.9 | $1,422 | $222,115 |
| New York City | 112.6 | 148.6 | $4,089 | $825,854 |
| Los Angeles | 113.6 | 170.4 | $2,772 | $927,891 |
Price levels come from BEA regional price parities for 2024, where US = 100. Rent comes from Zillow ZORI. Home values come from Zillow ZHVI, September 2026.
All cities, ranked: cost of living comparison by city. Each state: cost of living by state.