Cost of Living in Lexington, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.2
100 = national avg
-14.8 vs national average
Living Wage (1 Adult)
$37,493
per year
Living Wage (Family of 4)
$88,619
per year
Cost Index by Category
Housing76.7
Food93.1
Transportation86.1
Healthcare94.5
Utilities91.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$775
per month
2 Bedroom
$1,000
per month
The overall cost of living index in Lexington is 85.2, which is 14.8% below the national average. Housing costs are below the national average at an index of 76.7. A single adult needs to earn approximately $37,493 per year to cover basic expenses.