Cost of Living in Lockney, TX
Housing
The housing market plays a significant role in determining the cost of living in Lockney, TX.
- Housing Index: Data is updating
- Median Home Price is: $107,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Lockney, TX, the housing market presents unique aspects. With a median home price of 107000, affordability seems to be relatively favorable especially in comparison to larger urban areas. However, the lack of data on both the housing index, average rent for a 2BR apartment, and average rent for a 2BR house suggests potential market instability or limited rental options. It’s essential to explore local amenities, growth potential, and economic conditions to grasp the full image before making any moving decisions. Prepare for a comprehensive analysis beyond just numbers for your potential new home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Lockney, TX.
- Electricity Price: $14.47 USD (median by state)
- Natural Gas Price: $26.29 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Lockney, TX could entail higher utility costs. Electricity costs sit at $14.47, while natural gas is priced at $26.29 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Lockney is a financially viable option for your relocation.