CostIndexUSA

Gainesville, FL vs Lubbock, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Gainesville
96.7
overall index
$1,650/mo rent
More AffordableTX
Lubbock
91.3
overall index
$1,350/mo rent

Lubbock is moderately cheaper than Gainesville — 5.6% lower overall cost of living.

To match an $80,000 salary in Gainesville, you would need $75,500 in Lubbock. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing17.8%
Gainesville
93
Lubbock
76.4
🛒 Groceries2.5%
Gainesville
96.2
Lubbock
93.8
🚗 Transportation2.6%
Gainesville
103.8
Lubbock
101.1
🏥 Healthcare2.7%
Gainesville
93.9
Lubbock
91.4
Utilities6.1%
Gainesville
88.2
Lubbock
82.8

Salary Equivalency Calculator

Enter your current salary in Gainesville to see what you'd need to earn in Lubbock to maintain the same purchasing power.

$
Equivalent salary in Lubbock, TX
$75,500
$4,500 less needed in Lubbock

Formula: salary × (91.3 ÷ 96.7) = salary × 0.9442. Based on BEA Regional Price Parities.

Housing Market

Gainesville, FL

Median Home Price
$294,000
Median Monthly Rent
$1,650
Housing Index
93
Price-to-Rent Ratio
14.8×

Lubbock, TX

Median Home Price
$206,000
Median Monthly Rent
$1,350
Housing Index
76.4
Price-to-Rent Ratio
12.7×

Gainesville has 17.8% lower housing costs compared to Lubbock.

Income & Job Market

Gainesville, FL

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
4%
Population
140,003
Top Industries
EducationHealthcareTechnologyGovernmentResearch

Lubbock, TX

Median Household Income
$57,100
Per Capita Income
$32,500
Unemployment Rate
3.9%
Population
258,862
Top Industries
EducationHealthcareAgricultureManufacturingGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Gainesville, FL
3.0×income-to-rent ratio

67% of income left after rent (median)

Lubbock, TX
3.5×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.