Lexington, KY vs Richmond, VA
Cost of Living Comparison
Lexington, KY is more affordable by 5.0 index points
Side-by-Side Comparison
| Category | Lexington, KY | Richmond, VA | Difference |
|---|---|---|---|
| Overall | 92.9 | 97.9 | -5.0 |
| Housing | 77.1 | 99.1 | -22.0 |
| Goods | 96.2 | 96.8 | -0.5 |
| Utilities | 74.6 | 89.2 | -14.6 |
| Other Services | 96.9 | 98.6 | -1.7 |
Income & Housing Comparison
| Metric | Lexington, KY | Richmond, VA |
|---|---|---|
| Median Household Income | $68,089 | $80,877 |
| Median Home Value | $238,300 | $299,100 |
| Median Monthly Rent | $1,032 | $1,307 |
| Per Capita Income | $39,431 | $44,141 |
Frequently Asked Questions
Is Lexington, KY or Richmond, VA cheaper to live in?
Lexington, KY is more affordable. The cost of living difference is 5.0 index points (Lexington, KY: 92.9, Richmond, VA: 97.9).
Where is housing cheaper, Lexington, KY or Richmond, VA?
Housing is more affordable in Lexington, KY. Housing index: Lexington, KY (77.1) vs Richmond, VA (99.1).