Cost of Living in Lexington, MS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
67.1
100 = national avg
-32.9 vs national average
Living Wage (1 Adult)
$29,544
per year
Living Wage (Family of 4)
$69,831
per year
Cost Index by Category
Housing59.1
Food80.1
Transportation60.2
Healthcare84.1
Utilities79.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$768
per month
2 Bedroom
$842
per month
The overall cost of living index in Lexington is 67.1, which is 32.9% below the national average. Housing costs are below the national average at an index of 59.1. A single adult needs to earn approximately $29,544 per year to cover basic expenses.