Lexington, Minnesota Cost Of Living

B-

0%

Overall NAT. AVG.

10%

Goods & Services NAT. AVG.

13%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Lexington	Minnesota	National
Cost of living	100	103	100
Goods & Services	110	108	100
Groceries	102	104	100
Health care	98	107	100
Housing	87	100	100
Transportation	106	99	100
Utilities	97	97	100

New Real Estate Listings in Lexington Area

For Sale For Rent

Search

Search Homes for Sale in Lexington, MN

See How Much House You Can Afford. Get Pre-Approved Today

Cost Of Living Quick Facts

The cost of living in Lexington is 3% lower than the Minnesota average
The cost of living in Lexington is equal to the national average
Lexington housing is 13% lower than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 137% higher than the national average

Most Affordable Places to Live in and Around Lexington

See all the best places to live around Lexington

Compare Lexington, MN Cost of Living

Write a review to give others more information about this area.

See all Lexington poll results

The best places in Minnesota

Here are the best places to live in Minnesota

Top 10 cities in Minnesota with the best education system

10 best cities to buy a new house in Minnesota

10 Best cities in Minnesota for employment

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,969	$5,247	$1,469	$1,889
Renters	$36,510	$3,043	$852	$1,095

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

Goods & Services

Item	Lexington	National avg.	Difference
Haircut	$24.99	$20.27	23.3%
Beauty Salon	$35.26	$40.39	12.7%
Toothpaste	$3.35	$2.36	41.9%
Shampoo	$1.11	$1.08	3.4%
Movie	$9.80	$10.99	10.8%
Bowling	$28.70	$15.49	85.3%

Groceries

Item	Lexington	National avg.	Difference
Ground Beef	$4.25	$4.30	1.2%
Fried Chicken	$2.02	$1.40	44.1%
Milk	$2.52	$2.20	14.4%
Potatoes	$3.23	$3.22	0.4%
Pizza	$13.00	$10.74	21.1%
Beer	$9.02	$9.60	6.0%

Health Care

Item	Lexington	National avg.	Difference
Optometrist	$90.04	$109.73	17.9%
Doctor	$145.70	$118.34	23.1%
Dentist	$87.08	$100.94	13.7%
Ibuprofen	$10.75	$9.93	8.2%
Lipitor	$439.28	$469.53	6.4%

Housing

Item	Lexington	National avg.	Difference
Home Price	$155,400.00	$184,700.00	15.9%
Avg. Mortgage Payment	$1,209.19	$1,229.62	1.7%
Apartment Rent	$877.00	$949.00	7.6%

Transportation

Item	Lexington	National avg.	Difference
Gasoline	$2.67	$2.71	1.5%
Tire Balancing	$61.39	$51.86	18.4%

Utilities

Item	Lexington	National avg.	Difference
All Electricity	$162.80	$170.84	4.7%
Phone	$184.36	$187.18	1.5%

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	Population	Cost of Living Index	National Avg.
Landfall, MN	793	76	24.0%
Hilltop, MN	799	82	18.4%
St. Anthony city (Stearns County), MN	106	87	13.2%
Brooklyn Center, MN	30,785	99	1.5%
Columbia Heights, MN	19,689	100	0.3%
Lexington, MN	1,965	100	0.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Santa Nella, CA	1,965	105	4.6%
Granite, OK	1,965	77	23.4%
Olmos Park, TX	1,964	148	48.0%
Colby, WI	1,964	81	18.8%
Ucluelet, BC	1,964	n/a
Lexington, MN	1,965	100	0.2%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.