CostIndexUSA

Lubbock, TX vs Lynchburg, VA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Lubbock
91.3
overall index
$1,350/mo rent
More AffordableVA
Lynchburg
89.4
overall index
$1,300/mo rent

Lynchburg is slightly cheaper than Lubbock — 2.1% lower overall cost of living.

To match an $80,000 salary in Lubbock, you would need $78,300 in Lynchburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.4%
Lubbock
76.4
Lynchburg
63.9
🛒 Groceries+3.2%
Lubbock
93.8
Lynchburg
96.8
🚗 Transportation+2.4%
Lubbock
101.1
Lynchburg
103.5
🏥 Healthcare+2.5%
Lubbock
91.4
Lynchburg
93.7
Utilities+6.0%
Lubbock
82.8
Lynchburg
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Lynchburg, VA
$78,300
$1,700 less needed in Lynchburg

Formula: salary × (89.4 ÷ 91.3) = salary × 0.9792. Based on BEA Regional Price Parities.

Housing Market

Lubbock, TX

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

Lynchburg, VA

Median Home Price
$277,000
Median Monthly Rent
$1,300
Housing Index
63.9
Price-to-Rent Ratio
17.8×

Lubbock has 16.4% lower housing costs compared to Lynchburg.

Income & Job Market

Lubbock, TX

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

Lynchburg, VA

Median Household Income
$67,100
Per Capita Income
$38,200
Unemployment Rate
2.9%
Population
82,168
Top Industries
HealthcareEducationManufacturingRetailGovernment

Affordability at a Glance

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

Lubbock, TX
3.5×income-to-rent ratio

72% of income left after rent (median)

Lynchburg, VA
4.3×income-to-rent ratio

77% 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.