Housing costs in Lexington?
A typical home costs
$178,800, which is 47.1% less expensive than the national average of
$338,100 and 26.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Lexington costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$1,260.
Can I afford Lexington?
To live comfortably in Lexington, Illinois, a minimum annual income of
$34,200 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in Lexington, IL is generally quite reasonable. The median household income is slightly below the national average, but the overall cost of living is still lower than most of the surrounding area. Goods and services are priced competitively and housing costs are quite affordable with a median home value that's approximately 10% lower than the national average. Lexington is a great place to live for those looking to stretch their budgets without sacrificing quality of life.