According to the Council for Community and Economic Research (2017 Annual Report), Lubbock’s overall cost of living index is 91.5 percent. Lubbock ranked 93rd out of 294 urban areas in the nation and 16th out of 32 urban areas in the state of Texas for lowest cost of living. As a result of this low cost of living, both employers and their employees benefit from a higher standard of living at a lower cost than almost anywhere else in the nation.

Cost of Living Index

Low Cost of Living*
Cost of Housing*
Median Home Price
Cost of Transportation*
Commute Time (in Minutes)
*Ranked Nationally • C2ER COLI 2018 Annual (published January 2019) • Median Home and Commute - Environics Spotlight 2019 Estimates
Los Angeles259262$674,54625635
NY (Manhattan)270270$593,88426445
San Antonio (Seguin)4572$148,5383127
San Francisco269269$1,036,50126837

*2019 Q3 Rankings


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Economic Data & Indicators

LEDA continues to embark on a variety of new developments, which results in exponential job growth in Lubbock. With a world-class university system, a high-quality operating environment, competitive cost environment and an integrated approach to addressing economic development and workforce issues, Lubbock is the place to do business.

corner of a building with circles on the wall for Real Estate in Lubbock, Texas

Real Estate

LEDA prides itself in being your resource for success and looks forward to serving your business needs.

Small Businesses In Need of Financial Support?

Due to the evolving nature of COVID-19 and the multi-faceted impacts to economic development, the U.S. Small Business Administration has extended eligibility of Economic Injury Disaster Loans, which will provide long-term, low interest loans to qualifying businesses throughout the state of Texas. If you believe your business is an eligible candidate, click here to apply today.