CostIndexUSA

Lubbock, TX vs Olympia, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Lubbock
91.3
overall index
$1,350/mo rent
WA
Olympia
103.7
overall index
$2,025/mo rent

Lubbock is moderately cheaper than Olympia — 13.6% lower overall cost of living.

To match an $80,000 salary in Lubbock, you would need $90,900 in Olympia. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+52.7%
Lubbock
76.4
Olympia
116.7
🛒 Groceries+11.9%
Lubbock
93.8
Olympia
105
🚗 Transportation+3.3%
Lubbock
101.1
Olympia
104.4
🏥 Healthcare+3.4%
Lubbock
91.4
Olympia
94.5
Utilities+10.7%
Lubbock
82.8
Olympia
91.7

Salary Equivalency Calculator

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

$
Equivalent salary in Olympia, WA
$90,900
$10,900 more needed in Olympia

Formula: salary × (103.7 ÷ 91.3) = salary × 1.1358. 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×

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Olympia has 52.7% higher housing costs compared to Lubbock.

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

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

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)

Olympia, WA
3.8×income-to-rent ratio

74% 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.