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Texas

Cost of living in Lipscomb County, TX

Estimated monthly cost
$2,689/mo
for a single person, all categories combined

Population 2,964 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $752 28%
Federal tax $549 20%
Healthcare $480 18%
Groceries $334 12%
Transport $320 12%
Energy $199 7%
Water $55 2%
State tax $0 0%

Rent in Lipscomb County

Fair Market Rents by bedroom count.

Studio
$732
per month
1 bedroom
$752
per month
2 bedroom
$933
per month
3 bedroom
$1,124
per month
4 bedroom
$1,395
per month

Source: HUD FMR FY2025

Income and earnings in Lipscomb County

Annual earnings figures from the Census ACS.

Household income
$71,442
per year
Individual earnings
$43,636
per year
Per capita
$34,127
per year

Source: ACS 2019-2023 5-Year.

Home values in Lipscomb County

Average values reported by homeowners.

Average home value
$128,400
Annual property tax
$1,750

Source: ACS 2019-2023 5-Year

Energy costs in Lipscomb County

Estimated monthly electricity and gas costs.

Electricity
$167
per month · 14.5¢/kWh
Natural gas
$32
per month
Annual total
$2,388
per year

Source: EIA

Healthcare in Lipscomb County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
18.2%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Lipscomb County

State and local tax rates for Texas.

No state income tax
Texas does not levy a personal income tax.
State sales tax
6.3%
Combined sales tax
8.2%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Lipscomb County

Commute patterns and estimated costs.

Average commute
19.1 min
Drive alone
84.8%
Public transit
0.0%
Work from home
1.9%

Source: ACS

Monthly cost estimates for Lipscomb County

What it costs to live in Lipscomb County each month.

Single person
$2,689
per month
  • Rent $752
  • Energy $199
  • Water $55
  • Groceries $334
  • Transport $320
  • Healthcare $480
  • Federal tax $549
  • State tax $0
Couple
$3,913
per month
  • Rent $933
  • Energy $239
  • Water $65
  • Groceries $553
  • Transport $420
  • Healthcare $864
  • Federal tax $839
  • State tax $0
Family
$6,246
per month
  • Rent $1,124
  • Energy $298
  • Water $75
  • Groceries $840
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $839
  • State tax $0

Frequently asked questions about Lipscomb County

Common questions about cost of living, rent and salary.

What is the average rent in Lipscomb County?

In Lipscomb County, TX, a one-bedroom apartment averages $752 per month, a two-bedroom averages $933 per month, a three-bedroom averages $1,124 per month, according to HUD Fair Market Rent data.

What is the average salary in Lipscomb County?

In Lipscomb County, TX, the average household income is $71,442 per year and individual earnings for full-time workers average $43,636 per year, according to U.S. Census Bureau data.

What is the cost of living in Lipscomb County?

The estimated cost of living in Lipscomb County, TX is approximately $2,689 per month for a single person, $3,913 for a couple, $6,246 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Lipscomb County?

The combined sales tax rate in Lipscomb County, TX is 8.19%, which includes the Texas state rate of 6.25% plus an average local rate of 1.94%.

Is Lipscomb County an affordable place to live?

Based on the data, a single person in Lipscomb County, TX would need approximately $2,689 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $71,442 per year ($5,954 per month). Lipscomb County is relatively affordable compared to the national average.

How much does healthcare cost in Lipscomb County?

The ACA marketplace benchmark premium in Lipscomb County, TX is approximately $480 per month for an individual. Approximately 18.2% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Lipscomb County?

The average home value in Lipscomb County, TX is $128,400, with average annual property taxes of $1,750, according to U.S. Census Bureau data.

How does Lipscomb County compare to other areas?

You can compare Lipscomb County, TX with any other US county using our comparison tool at /compare. Lipscomb County is in Texas.

Other counties in Texas

Browse the full list of counties in Texas, ranked by cost of living.

See all counties in Texas

Compare Lipscomb County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources