Housing costs in Lexington?
A typical home costs
$198,000, which is 41.4% less expensive than the national average of
$338,100 and 31.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Lexington costs
$820 per month, which is 26.1% cheaper than the national average of
$1,110 and 14.6% cheaper than the state average of
$940.
Can I afford Lexington?
To live comfortably in Lexington (zip 27292), North Carolina, a minimum annual income of
$37,800 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 27292 Lexington, NC is quite reasonable. The area's median home value is around $152,000, which is significantly lower than the national average of $231,200. Additionally, utilities such as electricity and heating typically costs around $140 per month, while groceries cost about 10% less than the national average. In all, this makes Lexington an affordable place to live with a great quality of life.