Cost of Living in Lubbock, Texas
Lubbock has a population of about 264,814. The median household income is $60,895, median gross rent is $1,182/month, and the median home value is $212,400. Below is how Lubbock compares to the US.
Is Lubbock expensive to live in?
Compared with the national median, rent in Lubbock is 29% below the national median and home values are 43% below the national median. Household income here is 27% below the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Lubbock?
The median gross rent in Lubbock, Texas is $1,182 per month (US Census ACS).
What is the median home price in Lubbock?
The median home value in Lubbock is $212,400.
How much do people earn in Lubbock?
The median household income in Lubbock is $60,895 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.