Housing costs in Lexington?
A typical home costs
$189,000, which is 44.1% less expensive than the national average of
$338,100 and 11.7% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Lexington costs
$750 per month, which is 20.2% cheaper than the national average of
$940 and 8.0% cheaper than the state average of
$810.
Can I afford Lexington?
To live comfortably in Lexington (zip 35648), Alabama, a minimum annual income of
$36,360 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 35648 Lexington, AL is generally quite affordable. The housing prices are very reasonable with the median home price being just over $80,000, and rental prices averaging around $700 a month. Utilities costs are also quite low, with electricity costing on average around 10 cents per kWh. Groceries are also surprisingly affordable, with the cost of food items being close to the national average. Overall, residents of 35648 Lexington can expect to live comfortably without significant financial strain due to the city's relatively low cost of living.