Cost of living in Lumberton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lumberton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Texas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lumberton is 95, with 100 being the average.
The cost of living index in Lumberton is 0.9x lower than the national average.
Lumberton ranks as the #269 cheapest in Texas out of 405.
Lumberton ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Lumberton is $214,500.
The median income in Lumberton is $88,295.
According to the most recent data on the cost of living, Lumberton has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Texas, Lumberton has a cost of living index that's 1.0x higher than Texas's index of 92.
The standard of living in Lumberton ranks as #269 most affordable out of the 405 places we measured in Texas. By definition, that implies Lumberton ranks as the #136 most expensive place in the Lone Star State.
For more reading on life in Lumberton, check out:
Six factors go into calculating the cost of living index in Lumberton. Here is how it fairs on each of the criteria:
The Services index in Lumberton is 98.
The Groceries index in Lumberton is 96.
The Health index in Lumberton is 94.
The Housing index in Lumberton is 89.
The Transportation index in Lumberton is 97.
The Utilities index in Lumberton is 99.
Living Expense | Lumberton | Texas | National Average | |
---|---|---|---|---|
Overall | 95 | 92 | 100 | |
Services | 98 | 96 | 100 | |
Groceries | 96 | 93 | 100 | |
Health | 94 | 93 | 100 | |
Housing | 89 | 84 | 100 | |
Transportation | 97 | 92 | 100 | |
Utilities | 99 | 104 | 100 |
Housing swings affordability the most between places in Texas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Lumberton is $214,500.
The Median Rent in Lumberton is $938.
The Median Income in Lumberton is $88,295.
The Home Value To Income in Lumberton is 2.4x.
The Rent To Monthly Income in Lumberton is 0.13x.
Statistic | Lumberton | Texas | United States |
---|---|---|---|
Median Home Value | $214,500 | $202,600 | $244,900 |
Median Rent | $938 | $1,146 | $1,163 |
Median Income | $88,295 | $67,321 | $69,021 |
Home Value To Income | 2.4x | 3.0x | 3.5x |
Rent To Monthly Income | 0.13x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Lumberton. Here's a quick look at the cost of living in the most populous nearby places:
Beaumont, TX has a cost of living index of 84, 0.9x Lumberton.
Port Arthur, TX has a cost of living index of 82, 0.9x Lumberton.
Orange, TX has a cost of living index of 87, 0.9x Lumberton.
City | Population | Cost Of Living | Vs. Lumberton |
---|---|---|---|
Beaumont, TX | 115,013 | 84 | 0.9x |
Port Arthur, TX | 55,757 | 82 | 0.9x |
Orange, TX | 19,329 | 87 | 0.9x |
Nederland, TX | 18,502 | 90 | 0.9x |
Groves, TX | 17,078 | 85 | 0.9x |
Port Neches, TX | 13,534 | 93 | 1.0x |
Vidor, TX | 9,944 | 82 | 0.9x |
Silsbee, TX | 6,822 | 86 | 0.9x |