Housing costs in Lexington?
A typical home costs
$68,900, which is 79.6% less expensive than the national average of
$338,100 and 55.6% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Lexington costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 18.7% cheaper than the state average of
$890.
Can I afford Lexington?
To live comfortably in Lexington, Mississippi, a minimum annual income of
$13,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in Lexington, MS is quite reasonable compared to many other cities in the United States. The median home value is around $142,200 which is much lower than the national average. The overall cost of living index is 79.2, which means that it’s slightly below average compared to the rest of the country. Food and transportation costs are also very affordable and cost-of-living expenses such as taxes and utilities are low as well. This makes Lexington an attractive option for people looking for a comfortable lifestyle with an affordable price tag.