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

MSA
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
Lubbock107138$141,3694918
Austin186205$335,5215126
Dallas216215$198,08413229
Houston159197$177,51013630
Los Angeles259262$674,54625635
NY (Manhattan)270270$593,88426445
Phoenix178187$237,86314128
San Antonio (Seguin)4572$148,5383127
San Francisco269269$1,036,50126837
DC266266$608,30218034


*2019 Q2 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.

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Culture & Attractions

Lubbock’s vibrant art scene includes festivals, shows, performances and exhibitions throughout the year. From art galleries to music to dance, Lubbock’s art culture is thriving.

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Real Estate

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