Housing costs in Lexington?
A typical home costs
$174,700, which is 48.3% less expensive than the national average of
$338,100 and 37.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lexington costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 11.5% cheaper than the state average of
$1,070.
Can I afford Lexington?
To live comfortably in Lexington (zip 38351), Tennessee, a minimum annual income of
$33,480 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 38351 Lexington, TN is quite reasonable. The median home price is around $132,400 which is lower than the national average and the average rent for a two-bedroom apartment is just under $700 per month. In addition to this, food prices are also very affordable with an average grocery bill of about $60 per week for a family of four. Overall, Lexington offers its residents an affordable standard of living that can make it attractive to those looking to relocate to the area.