Cost of Living in Lexington, TN

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11%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
30%
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 Tennessee National
Cost of living8992100
Groceries9998100
Health care9797100
Housing7080100
Transportation9497100
Utilities9698100
Lifestyle & Entertainment9697100
Household Items10198100
Education & Childcare10197100
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Homes For Sale In Lexington, TN

property for sale

Pratt Cir

Lexington, TN
property for sale

287 Cheyenne Cir

Lexington, TN
property for sale

265 Derek Dr

Lexington, TN
property for sale

16659 Natchez Trace Rd

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

Cost Of Living Quick Facts

  • The cost of living in Lexington is 3% lower than the Tennessee average
  • The cost of living in Lexington is 11% lower than the national average
  • Lexington housing is 30% lower than the national average
  • Tennessee general sales tax is 37% higher than the national average
  • Tennessee state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Lexington

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Compare Lexington, TN Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      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$92,351$7,696$2,155$2,771
      Renters$26,417$2,201$616$793
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lexington, TN, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Lexington homeowners, is $92,351. This would allow for a maximum of $2,155 per month to be spent on housing costs. For renters, the median monthly income is $26,417 which would result in a maximum of $616 to be spent on rental costs.

      Tennessee Sales Tax

      State General Sales Tax With Max Surtax
      Tennessee 7% 9.75%

      Tennessee Income Tax

      State Income Tax (Low) Income Tax (High)
      Tennessee 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Darden, TN385982.3%
      Scotts Hill, TN1,3678415.6%
      Clarksburg, TN9518514.8%
      Henderson, TN6,4988614.0%
      Sardis, TN3788713.0%
      Lexington, TN8,1458910.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Long Grove, IL8,14518181.0%
      Greenbriar, VA8,14515251.7%
      Bainbridge, OH8,14313636.0%
      Lake Geneva, WI8,1471044.3%
      Kronenwetter, WI8,148990.7%
      Lexington, TN8,1458910.7%
      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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