Lexington, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
79
Lexington's Overall Cost Of Living
0.8x
Lower Than The National Average
9 out of 105
In Tennessee
155 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Lexington is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Lexington, TN?

According to the most recent data on the cost of living, Lexington has an overall cost of living index of 79 which is 0.8x lower than the national index of 100.

Compared to only Tennessee, Lexington has a cost of living index that's 0.9x lower than Tennessee's index of 89.

The standard of living in Lexington ranks as #155 most affordable out of the 6,418 places we measured in Tennessee. By definition, that implies Lexington ranks as the #6,263 most expensive place in the Volunteer State.

For more reading on life in Lexington, check out:

Lexington Cost Of Living Vs. Tennessee

Living Expense Lexington Tennessee National Average
Overall 79 89 100
Services 89 94 100
Groceries 89 91 100
Health 82 91 100
Housing 62 81 100
Transportation 87 86 100
Utilities 97 92 100
For more reading on cost of living around Tennessee, check out:
Lexington Cost of Living Vs. TN

Lexington, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$128,200
Median Home Value
$672
Median Rent
$33,337
Median Income
Statistic Lexington Tennessee United States
Median Home Value $128,200 $177,600 $229,800
Median Rent $672 $897 $1,096
Median Income $33,337 $54,833 $64,994
Home Value To Income 3.8x 3.2x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Lexington Services Costs Vs. Tennessee

Item Lexington Tennessee
Shampoo $0.91 $1.06
Movie $8.86 $10.68
Bowling $17.17 $14.67

Detailed Lexington Groceries Costs Vs. Tennessee

Item Lexington Tennessee
Ground Beef $4.12 $4.22
Fried Chicken $1.11 $1.39
Milk $1.8 $2.05

Detailed Lexington Health Costs Vs. Tennessee

Item Lexington Tennessee
Haircut $20.31 $18.62
Beauty Salon $37.5 $39.05
Toothpaste $1.68 $2.34

Detailed Lexington Transportation Costs Vs. Tennessee

Item Lexington Tennessee
Potatoes $2.96 $3.29
Pizza $9.82 $10.62
Beer $9.68 $9.38
Optometrist $96.67 $108.57
Doctor $130.0 $116.17
Dentist $66.83 $99.13

Detailed Lexington Utilities Costs Vs. Tennessee

Item Lexington Tennessee
Gasoline $1.99 $2.22
Tire Balancing $42.83 $50.07
All Electricity $154.05 $167.67
Phone $184.96 $175.64

Lexington SnackAbility

5
/10
Overall SnackAbility
Jobs
3/10
Housing
5
Affordability
5
Diversity
8
Safety
5
Amenities
7
Education
5
Commute
8

Cost Of Living In Cities Around Lexington

City Population Cost Of Living Vs. Lexington
Jackson, TN 67,036 86 1.1x
Corinth, MS 14,544 82 1.0x
Paris, TN 10,021 81 1.0x
Brownsville, TN 9,497 80 1.0x
Milan, TN 7,642 82 1.0x
Savannah, TN 6,934 78 1.0x
Henderson, TN 6,323 82 1.0x
McKenzie, TN 5,517 78 1.0x
Bolivar, TN 5,005 80 1.0x

Articles About Tennessee

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