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Lockney, TX vs Woodson, TX

63
Lockney
Texas
VS
-3.5%
65
Woodson
Texas

Lockney, TX and Woodson, TX have a very similar cost of living, with only a 3.5% difference in their overall index. Lockney scores 63 while Woodson scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lockney is $738/month compared to $779/month in Woodson — a 5% difference. Home values follow the same pattern: Lockney is more affordable at $88,400 median vs $100,800.

Median household income in Lockney is $58,333 compared to $66,435 in Woodson (-12.2%). While Woodson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockney spend roughly 15.2% of their income on rent, more than the 14.1% in Woodson.

Income & Cost

Cost of Living Index
Lockney
63
3% cheaper
Woodson
65
Median Household Income
Lockney
$58,333
Woodson
$66,435
12% higher

Housing

Median Rent
Lockney
$738
5% cheaper
Woodson
$779
Median Home Value
Lockney
$88,400
12% cheaper
Woodson
$100,800
Population
Lockney
1,602
Woodson
538

Salary Equivalency Calculator

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