Housing costs in Lexington?
A typical home costs
$1,271,500, which is 276.1% more expensive than the national average of
$338,100 and 128.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Lexington costs
$3,480 per month, which is 143.4% more than the national average of
$1,430 and 38.5% more than the state average of
$2,140.
Can I afford Lexington?
To live comfortably in Lexington (zip 02420), Massachusetts, a minimum annual income of
$243,720 for a family, and
$114,800 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 02420 Lexington, MA is higher than the national average. According to BestPlaces, the cost of living index in the town is 122, which is 22% higher than the U.S. average of 100. Housing costs are especially high with an index score of 222, meaning that they are 122% higher than other parts of the country. Other costs such as groceries, health care, and transportation are all slightly above the national average but not as far above as housing prices. Despite its relatively high overall cost of living, Lexington still remains a desirable place to live due to its excellent schools and strong sense of community.