Cost of Living in Lexington, MS

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22%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
61%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lexington Mississippi National
Cost of living7886100
Groceries9797100
Health care9195100
Housing3963100
Transportation9294100
Utilities9698100
Lifestyle & Entertainment9094100
Household Items9696100
Education & Childcare9794100
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Homes For Sale In Lexington, MS

property for sale

700 Rathell Rd

Lexington, MS
property for sale

106 Crockrell Rd

Lexington, MS
property for sale

835 Fowler Rd

Lexington, MS
property for sale

27979 Highway 12

Lexington, MS
See the Newest Homes For Sale In Lexington, MS

Cost Of Living Quick Facts

  • The cost of living in Lexington is 9% lower than the Mississippi average
  • The cost of living in Lexington is 22% lower than the national average
  • Lexington housing is 61% lower than the national average
  • Mississippi general sales tax is 37% higher than the national average
  • Mississippi state income tax is 93% higher than the national average

Most Affordable Places to Live in and Around Lexington

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      Salary Calculator

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$36,031$3,003$841$1,081
      Renters$63,492$5,291$1,481$1,905

      Mississippi Sales Tax

      State General Sales Tax With Max Surtax
      Mississippi 7% 7.25%

      Mississippi Income Tax

      State Income Tax (Low) Income Tax (High)
      Mississippi 5% 5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Cruger, MS3567723.4%
      Goodman, MS1,4087723.1%
      Tchula, MS2,0777822.0%
      Durant, MS2,8107822.5%
      Lexington, MS1,6057822.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Elephant Butte, NM1,605955.4%
      Brownsboro, TX1,605937.1%
      Itasca, TX1,6058416.1%
      Red Corral, CA1,60613737.1%
      Chatham, MA1,606208107.6%
      Lexington, MS1,6057822.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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