Housing costs in Lexington?
A typical home costs
$376,500, which is 11.4% more expensive than the national average of
$338,100 and 26.5% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lexington costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$1,280.
Can I afford Lexington?
To live comfortably in Lexington, Texas, a minimum annual income of
$72,000 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Lexington?
Lexington, TX offers a lower cost of living than many other cities in the US. The overall cost of living in Lexington is 10% lower than the national average. Property taxes are relatively low and there is no state income tax in Texas, making it a great place to live for individuals and families looking to save money. Additionally, housing costs in Lexington are very reasonable compared to other parts of Texas, with median home prices around $140k and median rent prices around $800 per month. This makes Lexington an affordable option for those looking to settle down in this city.