Laredo, TX vs Lubbock, TX
Cost of Living Comparison
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Equivalent Salary
$100,000 in Laredo, TX = $103,512 in Lubbock, TX
Buying power is 3.5% higher in Lubbock, TX
Median Rent
$1,001 vs $1,137
13.6% higher in Lubbock, TX
Median Income
$63,264 vs $60,487
-4.4% lower in Lubbock, TX
Home Value
$182,400 vs $197,900
8.5% higher in Lubbock, TX
Price Level
87.8 vs 90.9
US avg = 100
Salary Needed for Median Rent
$40,000 vs $45,500
30% of gross income guideline
Rent as % of Income
19.0% vs 22.6%
Lower is more affordable