Housing costs in Lexington?
A typical home costs
$260,300, which is 23.0% less expensive than the national average of
$338,100 and 34.0% more expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Lexington costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and 18.6% more than the state average of
$920.
Can I afford Lexington?
To live comfortably in Lexington, Kentucky, a minimum annual income of
$50,040 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Lexington?
Lexington-Fayette, Kentucky boasts both affordability and great attractions - allowing you to get the best out of your money. Homeowners can select among various housing options ranging from inexpensive single family homes to high end townhouses - while renters have access to even more attractive deals these days as well. Additionally, groceries and transportation expenses remain quite inexpensive compared with other parts of the country - making Lexington-Fayette a wonderful option if you're on the hunt for affordability.