Zip 27295 (Lexington, NC) Cost of Living


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Lexington cost of living score
83.7
Less expensive
16.3% lower
than the US average
8.0% lower
than the North Carolina average
Lexington (zip 27295), North Carolina gets a BestPlaces Cost of Living score of 83.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.3% lower than the U.S. average and 8.0% higher than the average for North Carolina.

Zip 27295 (Lexington, NC)

Housing costs in Lexington?
A typical home costs $242,700, which is 28.2% less expensive than the national average of $338,100 and 16.1% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Lexington costs $790 per month, which is 28.8% cheaper than the national average of $1,110 and 19.0% cheaper than the state average of $940.

Can I afford Lexington?
To live comfortably in Lexington (zip 27295), North Carolina, a minimum annual income of $46,440 for a family, and $24,800 for a single person is recommended.

What does A.I. say about Lexington?
The cost of living in Lexington, NC (27295) is relatively low compared to larger cities. The median home value is around $140,000 and the median rent price is about $900 per month according to recent statistics. Taxes are relatively low and the area offers plenty of shopping and dining options without breaking the bank. Additionally, there are a number of quality schools in the area with a low student-teacher ratio that make it an attractive option for families. All in all, Lexington's 27295 zip code offers a great quality of life at an affordable price point.
   Cost of living score
     CategoriesLexingtonNorth CarolinaUnited States
  83.791.0100.0
  95.296.5100
  99.2107.2100.0
  65.383.1100.0
  $242,700$289,300$338,100
  102.1%99.2%100.0%
  81.183.9100.0
  87.089.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime