High in protein and low in fat, lobster is a very beneficial meat. Comparable to a steak, lobster has less than thirty grams of protein in a five ounce portion. Lobster also has less fat compared to steak. It is perfect for a no or low carbohydrate diet as well. Under the Weight Watcher's system lobster has just four points. Not only is lobster low in fat, it is lower in cholesterol than skinless chicken breast. Lobster has seventy-two milligrams compared to chicken's eighty-five milligrams.