CostIndexUSA

Lubbock, TX vs Providence, RI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Lubbock
91.3
overall index
$1,350/mo rent
RI
Providence
101.8
overall index
$2,075/mo rent

Lubbock is moderately cheaper than Providence — 11.5% lower overall cost of living.

To match an $80,000 salary in Lubbock, you would need $89,200 in Providence. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+36.0%
Lubbock
76.4
Providence
103.9
🛒 Groceries+3.5%
Lubbock
93.8
Providence
97.1
🚗 Transportation+6.2%
Lubbock
101.1
Providence
107.4
🏥 Healthcare+6.3%
Lubbock
91.4
Providence
97.2
Utilities+79.7%
Lubbock
82.8
Providence
148.8

Salary Equivalency Calculator

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

$
Equivalent salary in Providence, RI
$89,200
$9,200 more needed in Providence

Formula: salary × (101.8 ÷ 91.3) = salary × 1.1150. 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×

Providence, RI

Median Home Price
$501,000
Median Monthly Rent
$2,075
Housing Index
103.9
Price-to-Rent Ratio
20.1×

Providence has 36.0% 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

Providence, RI

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
4.7%
Population
190,934
Top Industries
HealthcareEducationFinanceManufacturingTourism

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)

Providence, RI
3.3×income-to-rent ratio

70% 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.