Housing costs in Lexington?
A typical home costs
$201,500, which is 40.4% less expensive than the national average of
$338,100 and 9.1% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lexington costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 12.5% more than the state average of
$980.
Can I afford Lexington?
To live comfortably in Lexington (zip 47138), Indiana, a minimum annual income of
$38,520 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 47138 Lexington, IN is generally lower than the national average. According to BestPlaces, the cost of living index for this area is 79.8 which is 20.2 points lower than the US average of 100. Housing costs in particular are quite low; a median home value here is only $63,000 compared to $184,700 nationally. Utilities such as electricity and water are much more affordable than other areas of the country as well. All in all, 47138 Lexington is an attractive option for those looking for an affordable place to live.