Cost of Living in Lexington, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
126.3
100 = national avg
+26.3 vs national average
Living Wage (1 Adult)
$55,558
per year
Living Wage (Family of 4)
$131,319
per year
Cost Index by Category
Housing157.1
Food105.8
Transportation111.5
Healthcare104.6
Utilities114.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Lexington is 126.3, which is 26.3% above the national average. Housing costs are above the national average at an index of 157.1. A single adult needs to earn approximately $55,558 per year to cover basic expenses.