Cost of living in Lamesa 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 Lamesa 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 Lamesa is 85, with 100 being the average.
The cost of living index in Lamesa is 0.8x lower than the national average.
Lamesa ranks as the #68 cheapest in Texas out of 414.
Lamesa ranks as the #511 cheapest out of 6,489 in the US.
The median home value in Lamesa is $107,225.
The median income in Lamesa is $50,533.
According to the most recent data on the cost of living, Lamesa has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Texas, Lamesa has a cost of living index that's 0.9x lower than Texas's index of 92.
The standard of living in Lamesa ranks as #68 most affordable out of the 414 places we measured in Texas. By definition, that implies Lamesa ranks as the #346 most expensive place in the Lone Star State.
For more reading on life in Lamesa, check out:
Six factors go into calculating the cost of living index in Lamesa. Here is how it fairs on each of the criteria:
The Services index in Lamesa is 108.
The Groceries index in Lamesa is 97.
The Health index in Lamesa is 93.
The Housing index in Lamesa is 50.
The Transportation index in Lamesa is 92.
The Utilities index in Lamesa is 103.
| Living Expense | Lamesa | Texas | National Average | |
|---|---|---|---|---|
| Overall | 85 | 92 | 100 | |
| Services | 108 | 97 | 100 | |
| Groceries | 97 | 97 | 100 | |
| Health | 93 | 93 | 100 | |
| Housing | 50 | 82 | 100 | |
| Transportation | 92 | 94 | 100 | |
| Utilities | 103 | 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 2019-2023. The key points are:
The Median Home Value in Lamesa is $107,225.
The Median Rent in Lamesa is $903.
The Median Income in Lamesa is $50,533.
The Home Value To Income in Lamesa is 2.1x.
The Rent To Monthly Income in Lamesa is 0.21x.
The cost of living varies in the cities and towns around Lamesa. Here's a quick look at the cost of living in the most populous nearby places:
Midland, TX has a cost of living index of 112, 1.3x Lamesa.
Big Spring, TX has a cost of living index of 91, 1.1x Lamesa.
Andrews, TX has a cost of living index of 97, 1.1x Lamesa.
| City | Population | Cost Of Living | Vs. Lamesa |
|---|---|---|---|
| Midland, TX | 133,998 | 112 | 1.3x |
| Big Spring, TX | 24,769 | 91 | 1.1x |
| Andrews, TX | 13,416 | 97 | 1.1x |
| Brownfield, TX | 8,803 | 82 | 1.0x |