Cost of Living in Lexington, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

82.1

100 = national avg

-17.9 vs national average

Living Wage (1 Adult)

$36,145

per year

Living Wage (Family of 4)

$85,435

per year

Cost Index by Category

Housing
81.5
Food
87.6
Transportation
75.3
Healthcare
90.1
Utilities
88.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$925

per month

The overall cost of living index in Lexington is 82.1, which is 17.9% below the national average. Housing costs are below the national average at an index of 81.5. A single adult needs to earn approximately $36,145 per year to cover basic expenses.