Cost of living in Lucas 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 Lucas 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 Lucas is 147, with 100 being the average.
The cost of living index in Lucas is 1.5x higher than the national average.
Lucas ranks as the #399 cheapest in Texas out of 405.
Lucas ranks as the #5,771 cheapest out of 6,412 in the US.
The median home value in Lucas is $674,600.
The median income in Lucas is $159,563.
According to the most recent data on the cost of living, Lucas has an overall cost of living index of 147, which is 1.5x higher than the national index of 100.
Compared to Texas, Lucas has a cost of living index that's 1.6x higher than Texas's index of 92.
The standard of living in Lucas ranks as #399 most affordable out of the 405 places we measured in Texas. By definition, that implies Lucas ranks as the #6 most expensive place in the Lone Star State.
For more reading on life in Lucas, check out:
Six factors go into calculating the cost of living index in Lucas. Here is how it fairs on each of the criteria:
The Services index in Lucas is 113.
The Groceries index in Lucas is 97.
The Health index in Lucas is 77.
The Housing index in Lucas is 237.
The Transportation index in Lucas is 99.
The Utilities index in Lucas is 112.
|Living Expense||Lucas||Texas||National Average|
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 Lucas is $674,600.
The Median Rent in Lucas is $1,757.
The Median Income in Lucas is $159,563.
The Home Value To Income in Lucas is 4.2x.
The Rent To Monthly Income in Lucas is 0.13x.
|Median Home Value||$674,600||$202,600||$244,900|
|Home Value To Income||4.2x||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 Lucas. Here's a quick look at the cost of living in the most populous nearby places:
Plano, TX has a cost of living index of 114, 0.8x Lucas.
Frisco, TX has a cost of living index of 120, 0.8x Lucas.
McKinney, TX has a cost of living index of 112, 0.8x Lucas.
|City||Population||Cost Of Living||Vs. Lucas|
|The Colony, TX||43,489||102||0.7x|