Housing costs in Lexington?
A typical home costs
$230,200, which is 31.9% less expensive than the national average of
$338,100 and 20.4% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Lexington costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$1,110.
Can I afford Lexington?
To live comfortably in Lexington, North Carolina, a minimum annual income of
$44,280 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in Lexington, NC is relatively low compared to other areas in the United States. The median home price is around $167,000 which is significantly lower than the national median. The cost of basic necessities such as groceries, healthcare, and transportation are all below the national average. Additionally, there are a variety of entertainment options available such as restaurants, museums, and parks that make Lexington an affordable place to live. Overall, the cost of living in Lexington is quite reasonable for families and individuals looking for a comfortable lifestyle without breaking their budget.