Housing costs in Lexington?
A typical home costs
$371,100, which is 9.8% more expensive than the national average of
$338,100 and 24.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lexington costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$1,280.
Can I afford Lexington?
To live comfortably in Lexington (zip 78947), Texas, a minimum annual income of
$71,280 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Lexington?
The cost of living in 78947 Lexington, TX is quite reasonable. According to the most recent data from BestPlaces, the overall cost of living index is 89.25 which is lower than both the national and state averages. The average rental price for a 1-bedroom apartment in Lexington is around $650 per month, while a 3-bedroom apartment can range from $800 to almost $1,400 per month. Groceries and other necessities are also relatively inexpensive compared to other nearby towns and cities. All in all, Lexington offers an affordable lifestyle for residents looking to enjoy small town Texas hospitality without breaking the bank.