Lexington, VA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
102
Lexington's Overall Cost Of Living
1.0x
Higher Than The National Average
58 out of 186
In Virginia
3,380 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, VA?

According to the most recent data on the cost of living, Lexington has an overall cost of living index of 102 which is 1.0x higher than the national index of 100.

Compared to only Virginia, Lexington has a cost of living index that's 1.0x lower than Virginia's index of 106.

The standard of living in Lexington ranks as #3,380 most affordable out of the 6,418 places we measured in Virginia. By definition, that implies Lexington ranks as the #3,039 most expensive place in the Old Dominion.

For more reading on life in Lexington, check out:

Lexington Cost Of Living Vs. Virginia

Living Expense Lexington Virginia National Average
Overall 102 106 100
Services 94 99 100
Groceries 91 98 100
Health 101 98 100
Housing 111 131 100
Transportation 93 93 100
Utilities 103 96 100
For more reading on cost of living around Virginia, check out:
Lexington Cost of Living Vs. VA

Lexington, VA Housing Cost Breakdown

Housing swings affordability the most between places in Virginia, 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.

$235,400
Median Home Value
$916
Median Rent
$50,714
Median Income
Statistic Lexington Virginia United States
Median Home Value $235,400 $282,800 $229,800
Median Rent $916 $1,257 $1,096
Median Income $50,714 $76,398 $64,994
Home Value To Income 4.6x 3.7x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x

Detailed Lexington Services Costs Vs. Virginia

Item Lexington Virginia
Shampoo $1.03 $1.06
Movie $7.99 $10.68
Bowling $11.55 $14.67

Detailed Lexington Groceries Costs Vs. Virginia

Item Lexington Virginia
Ground Beef $4.13 $4.22
Fried Chicken $1.11 $1.39
Milk $2.05 $2.05

Detailed Lexington Health Costs Vs. Virginia

Item Lexington Virginia
Haircut $18.66 $18.62
Beauty Salon $35.38 $39.05
Toothpaste $1.88 $2.34

Detailed Lexington Transportation Costs Vs. Virginia

Item Lexington Virginia
Potatoes $3.01 $3.29
Pizza $10.35 $10.62
Beer $10.09 $9.38
Optometrist $107.5 $108.57
Doctor $104.17 $116.17
Dentist $103.5 $99.13

Detailed Lexington Utilities Costs Vs. Virginia

Item Lexington Virginia
Gasoline $2.18 $2.22
Tire Balancing $39.17 $50.07
All Electricity $182.71 $167.67
Phone $177.97 $175.64

Lexington SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
5
Diversity
8
Safety
8.5
Amenities
8.5
Education
8.5
Commute
10

Cost Of Living In Cities Around Lexington

City Population Cost Of Living Vs. Lexington
Lynchburg, VA 80,970 88 0.9x
Salem, VA 25,290 93 0.9x
Cave Spring, VA 25,193 98 1.0x
Staunton, VA 24,660 99 1.0x
Waynesboro, VA 22,300 96 0.9x
Hollins, VA 15,113 92 0.9x
Madison Heights, VA 11,447 86 0.8x
Stuarts Draft, VA 11,380 95 0.9x
Vinton, VA 8,102 85 0.8x
Buena Vista, VA 6,477 84 0.8x

Articles About Virginia

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