CostIndexUSA

Lubbock, TX vs Monroe, LA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Lubbock
91.3
overall index
$1,350/mo rent
More AffordableLA
Monroe
83.6
overall index
$1,100/mo rent

Monroe is moderately cheaper than Lubbock — 8.4% lower overall cost of living.

To match an $80,000 salary in Lubbock, you would need $73,300 in Monroe. Calculate your salary ↓

Category Breakdown

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

🏠 Housing−44.0%
Lubbock
76.4
Monroe
42.8
🛒 Groceries≈ Equal
Lubbock
93.8
Monroe
93.7
🚗 Transportation−0.6%
Lubbock
101.1
Monroe
100.5
🏥 Healthcare≈ Equal
Lubbock
91.4
Monroe
90.9
⚡ Utilities−12.8%
Lubbock
82.8
Monroe
72.2

Salary Equivalency Calculator

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

$
→
Equivalent salary in Monroe, LA
$73,300
$6,700 less needed in Monroe

Formula: salary × (83.6 ÷ 91.3) = salary × 0.9157. 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×

Monroe, LA

Median Home Price
$157,000
Median Monthly Rent
$1,100
Housing Index
42.8
Price-to-Rent Ratio
11.9×

Lubbock has 44.0% lower housing costs compared to Monroe.

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

Monroe, LA

Median Household Income
$50,300
Per Capita Income
$28,700
Unemployment Rate
7.3%
Population
47,252
Top Industries
HealthcareEducationManufacturingGovernmentRetail

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)

Monroe, LA
3.8×income-to-rent ratio

74% of income left after rent (median)

Lubbock vs other cities

Lubbock, TX
vs
Abilene, TX
Index: 91.3Index: 90.4
Lubbock, TX
vs
Amarillo, TX
Index: 91.3Index: 91.8
Lubbock, TX
vs
Arlington, TX
Index: 91.3Index: 103.1
Lubbock, TX
vs
St. Petersburg, FL
Index: 91.3Index: 100.9
Lubbock, TX
vs
Scottsdale, AZ
Index: 91.3Index: 103.3

Monroe vs other cities

Monroe, LA
vs
Baton Rouge, LA
Index: 83.6Index: 90.8
Monroe, LA
vs
Lafayette, LA
Index: 83.6Index: 87.2
Monroe, LA
vs
Lake Charles, LA
Index: 83.6Index: 85.9
Monroe, LA
vs
Charleston, WV
Index: 83.6Index: 88.7
Monroe, LA
vs
San Luis Obispo, CA
Index: 83.6Index: 108.6

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.