Lexington cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8591100
Goods & Services index8699100
Groceries index99101100
Health care index9095100
Housing index6975100
Transportation index99101100
Utilities index9591100
Here we can see a simple outline of the cost of living in Lexington, OH. As you can see, with the average cost of living in Lexington, OH being 85, that puts it 7% lower than the average of Ohio and 15% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Lexington, OH, the price of goods and services are 13% lower than the average of Ohio as well as 14% lower than the nation's average.

Did you know?

  • The cost of living in Lexington is 7% lower than the Ohio average.
  • The cost of living in Lexington is 15% lower than the national average.
  • The cost of housing in Lexington is 31% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 76% lower than the national average.

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Compare Lexington, OH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Lexington, OH to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Lexington, OH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Lexington, OH salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Lexington, OH, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Lexington, OH homeowners have a median income of $66,731. Using that number, you will come up with a maximum of $1,557 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,375, which means there is a maximum of $569 to be spent on the costs of renting a home or apartment.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Lexington, OH is the Ohio sales tax and Ohio income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Ohio sales tax rate is 5.75% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Ohio income tax rates range from 0.528% to 5.333%.

Goods & Services

ItemLexingtonNational avg.Difference
Haircut $12.64$15.5618.8%
Beauty Salon $24.27$36.1132.8%
Toothpaste $2.00$2.4719.2%
Shampoo $0.95$0.961.2%
Movie $8.58$10.1315.3%
Bowling $4.37$4.747.7%


ItemLexingtonNational avg.Difference
Ground Beef $3.59$3.9810.0%
Fried Chicken $1.68$1.4119.4%
Milk $1.85$2.0610.2%
Potatoes $2.97$2.980.4%
Pizza $9.05$9.474.5%
Beer $7.75$8.7911.9%

Health Care

ItemLexingtonNational avg.Difference
Optometrist $85.83$101.0415.1%
Doctor $85.96$107.4420.0%
Dentist $81.50$90.429.9%
Ibuprofen $9.35$9.280.7%
Lipitor $409.88$426.503.9%


ItemLexingtonNational avg.Difference
Home Price $124,600.00$175,700.0029.1%
Avg. Mortgage Payment $628.06$1,133.2344.6%
Apartment Rent $604.00$920.0034.3%


ItemLexingtonNational avg.Difference
Gasoline $2.14$1.997.2%
Tire Balancing $36.36$45.7620.5%


ItemLexingtonNational avg.Difference
All Electricity$143.53$163.8112.4%
Phone $30.33$28.396.8%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
North Robinson, OH18877-23%
Galion, OH10,31479-21%
Crestline, OH4,51679-21%
Mansfield, OH47,15079-21%
Perrysville, OH71080-20%
Lexington, OH5,70685-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Silver Lakes, CA5,70611515%
Petoskey, MI5,70596-4%
Bay Hill, FL5,70413131%
Progreso, TX5,70970-30%
Butler Beach, FL5,70911313%
Lexington, OH5,70685-15%
Source: The Lexington, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.