What is the cost of living in Lexington, VA?
According to the most recent data on the cost of living, Lexington has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Virginia, Lexington has a cost of living index that's 1.0x lower than Virginia's index of 112.
The standard of living in Lexington ranks as #56 most affordable out of the 188 places we measured in Virginia. By definition, that implies Lexington ranks as the #132 most expensive place in the Old Dominion.
For more reading on life in Lexington, check out:
Lexington Cost Of Living Vs. Virginia
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 103.
The Groceries index in Lexington is 102.
The Health index in Lexington is 118.
The Housing index in Lexington is 100.
The Transportation index in Lexington is 105.
The Utilities index in Lexington is 105.
| Living Expense | Lexington | Virginia | National Average |
|---|---|---|---|
| Overall | 110 | 112 | 100 |
| Services | 103 | 103 | 100 |
| Groceries | 102 | 104 | 100 |
| Health | 118 | 131 | 100 |
| Housing | 100 | 105 | 100 |
| Transportation | 105 | 105 | 100 |
| Utilities | 105 | 104 | 100 |
Lexington Cost Of Living Compared To Virginia Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Virginia, 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, VA Housing Cost Breakdown
Housing swings affordability the most between places in Virginia, 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 $358,988.
The Median Rent in Lexington is $1,081.
The Median Income in Lexington is $84,517.
The Home Value To Income in Lexington is 4.2x.
The Rent To Monthly Income in Lexington is 0.15x.
Lexington, VA Costs By Category
Detailed Lexington Services costs vs. Virginia
Detailed Lexington Groceries costs vs. Virginia
Detailed Lexington Health costs vs. Virginia
Detailed Lexington Transportation costs vs. Virginia
Lexington SnackAbility
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:
Lynchburg, VA has a cost of living index of 102, 0.9x Lexington.
Staunton, VA has a cost of living index of 102, 0.9x Lexington.
Cave Spring, VA has a cost of living index of 108, 1.0x Lexington.
| City | Population | Cost Of Living | Vs. Lexington |
|---|---|---|---|
| Lynchburg, VA | 79,497 | 102 | 0.9x |
| Staunton, VA | 25,948 | 102 | 0.9x |
| Cave Spring, VA | 25,742 | 108 | 1.0x |
| Salem, VA | 25,618 | 106 | 1.0x |
| Waynesboro, VA | 22,841 | 99 | 0.9x |
| Hollins, VA | 17,097 | 103 | 0.9x |
| Stuarts Draft, VA | 11,780 | 106 | 1.0x |
| Madison Heights, VA | 10,266 | 97 | 0.9x |
| Vinton, VA | 8,056 | 96 | 0.9x |
| Buena Vista, VA | 6,593 | 93 | 0.8x |
