Lexington, MA Cost Of Living

The latest cost of living statistics for Lexington. Includes statistics on rent, mortgages, healthcare, and other costs for Lexington compared to the state and national averages.

Cost of living in Lexington, Massachusetts

Cost of living in Lexington 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 Lexington is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Massachusetts, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

209 Cost of living index 2.1x higher vs US
#108 Cheapest in Massachusetts (of 113)
#6,352 Cheapest in the U.S. (of 6,489)
$1,584,587 Median home value
$2,891 Median rent
$238,444 Median income
Not sure Lexington fits your budget? Try our place-match quiz →

What is the cost of living in Lexington, MA?

According to the most recent data on the cost of living, Lexington has an overall cost of living index of 209, which is 2.1x higher than the national index of 100.

Compared to Massachusetts, Lexington has a cost of living index that's 1.6x higher than Massachusetts's index of 130.

The standard of living in Lexington ranks as #108 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Lexington ranks as the #5 most expensive place in the Bay State.

For more reading on life in Lexington, check out:

Lexington Cost Of Living Vs. Massachusetts

Six factors go into calculating the cost of living index in Lexington. Here is how it fares on each of the criteria:

  • The Services index in Lexington is 108.

  • The Groceries index in Lexington is 113.

  • The Health index in Lexington is 438.

  • The Housing index in Lexington is 112.

  • The Transportation index in Lexington is 110.

  • The Utilities index in Lexington is 114.

Living Expense Lexington Massachusetts National Average
Overall 209 130 100
Services 108 110 100
Groceries 113 115 100
Health 438 168 100
Housing 112 117 100
Transportation 110 115 100
Utilities 114 114 100

Lexington Cost Of Living Compared To Massachusetts Averages

Services
Lexington 108
Massachusetts avg 110
Groceries
Lexington 113
Massachusetts avg 115
Health
Lexington 438
Massachusetts avg 168
Housing
Lexington 112
Massachusetts avg 117
Transportation
Lexington 110
Massachusetts avg 115
Utilities
Lexington 114
Massachusetts avg 114

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Massachusetts, check out:

Protect your home budget Compare home warranties in Lexington Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Lexington, MA Housing Cost Breakdown

$1,584,587Median Home Value
$2,891Median Rent
$238,444Median Income

Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Lexington is $1,584,587.

  • The Median Rent in Lexington is $2,891.

  • The Median Income in Lexington is $238,444.

  • The Home Value To Income in Lexington is 6.6x.

  • The Rent To Monthly Income in Lexington is 0.15x.

Statistic Lexington Massachusetts United States
Median Home Value $1,584,587 $656,690 $332,700
Median Rent $2,891 $1,762 $1,413
Median Income $238,444 $103,960 $80,734
Home Value To Income 6.6x 6.3x 4.1x
Rent To Monthly Income 0.15x 0.2x 0.21x

Lexington, MA Costs By Category

Detailed Lexington Services costs vs. Massachusetts
Item Lexington Massachusetts
Shampoo $1.49 $1.28
Movie $15.49 $12.13
Bowling $29.33 $18
Haircut $43.72 $24.26
Beauty Salon $65.56 $45.56
Detailed Lexington Groceries costs vs. Massachusetts
Item Lexington Massachusetts
Ground Beef $5.48 $5.84
Fried Chicken $1.45 $1.57
Milk $4.76 $4.67
Potatoes $4.99 $4.93
Pizza $12.52 $12.09
Beer $10.21 $10.41
Toothpaste $3.53 $3.7
Detailed Lexington Health costs vs. Massachusetts
Item Lexington Massachusetts
Optometrist $123.17 $125.68
Doctor $157.89 $135.78
Dentist $149.22 $113.29
Detailed Lexington Transportation costs vs. Massachusetts
Item Lexington Massachusetts
Gasoline $3.43 $3.46
Tire Balancing $97.39 $59.92
Detailed Lexington Utilities costs vs. Massachusetts
Item Lexington Massachusetts
All Electricity $302.72 $193.99
Phone $187.85 $192.25

Lexington SnackAbility

7.5Overall SnackAbility
Jobs 9/10
Housing 10/10
Affordability 7/10
Diversity 8.5/10
Safety 9/10
Amenities 8.5/10
Education 10/10
Commute 5/10

Cost Of Living In Cities Around Lexington

The cost of living varies in the cities and towns around Lexington. Here's a quick look at the cost of living in the most populous nearby places:

  • Newton, MA has a cost of living index of 205, 1.0x Lexington.

  • Waltham, MA has a cost of living index of 163, 0.8x Lexington.

  • Brookline, MA has a cost of living index of 221, 1.1x Lexington.

City Population Cost Of Living Vs. Lexington
Newton, MA 89,044 205 1.0x
Waltham, MA 64,902 163 0.8x
Brookline, MA 63,266 221 1.1x
Medford, MA 59,354 162 0.8x
Arlington, MA 46,350 173 0.8x
Woburn, MA 41,939 153 0.7x
Needham, MA 32,459 203 1.0x
Wellesley, MA 30,347 239 1.1x
Belmont, MA 27,175 203 1.0x
Burlington, MA 26,274 165 0.8x