Lexington, VA Cost of Living


3 Reviews



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Lexington cost of living score
83
Less expensive
17.0% lower
than the US average
20.3% lower
than the Virginia average
Lexington, Virginia gets a BestPlaces Cost of Living score of 83, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.0% lower than the U.S. average and 20.3% lower than the average for Virginia.

Lexington, VA

Housing costs in Lexington?
A typical home costs $282,200, which is 16.5% less expensive than the national average of $338,100 and 17.8% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Lexington costs $960 per month, which is 32.9% cheaper than the national average of $1,430 and 45.8% cheaper than the state average of $1,400.

Can I afford Lexington?
To live comfortably in Lexington, Virginia, a minimum annual income of $54,000 for a family, and $34,000 for a single person is recommended.

What does A.I. say about Lexington?
Living in Lexington, VA is affordable. The cost of living is comparable to the national average, with housing coming in slightly lower than the national median. With the area's small town charm and proximity to larger cities like Roanoke and Charlottesville, residents can enjoy a low cost of living without sacrificing access to amenities such as restaurants, shopping, and entertainment. The city also offers plenty of activities for families on a budget, including free outdoor concerts in downtown Lexington during the summer months. Overall, Lexington offers an excellent quality of life at an affordable price point for individuals and families alike.
   Cost of living score
     CategoriesLexingtonVirginiaUnited States
  83.0104.2100.0
  99.599.6100
  107.8103.1100.0
  83.4112.9100.0
  $282,200$343,200$338,100
  102.9%99.3%100.0%
  58.399.4100.0
  104.3113.7100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Lexington
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I moved to the city of Lexington from Houston 4.5 years ago. I couldn't be happier. Residents are polite and friendly. There is employment for seniors like myself and I  More

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Lexington is a nice little town in the Shenandoah Valley, but is quite expensive to live in. It is most likely due to the snow-birds moving to a location closer to  More

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Over 17 years ago

would love to trade houses in lexington, have a 3+bedroom, 2 bathroom, family living, dining room, hottub room... anyone interested? south west florida small town, 2  More

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