Cost of living in Lexington city, VA
Population 7,420 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Lexington city
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Lexington city
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Lexington city
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Lexington city
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Lexington city
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Lexington city
State and local tax rates for Virginia.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Lexington city
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Lexington city
What it costs to live in Lexington city each month.
- Rent $812
- Energy $202
- Water $55
- Groceries $355
- Transport $250
- Healthcare $480
- Federal tax $80
- State tax $41
- Rent $899
- Energy $242
- Water $65
- Groceries $588
- Transport $350
- Healthcare $864
- Federal tax $1,137
- State tax $408
- Rent $1,260
- Energy $303
- Water $75
- Groceries $893
- Transport $450
- Healthcare $1,350
- Childcare $1,200
- Federal tax $1,137
- State tax $408
Frequently asked questions about Lexington city
Common questions about cost of living, rent and salary.
What is the average rent in Lexington city?
In Lexington city, VA, a one-bedroom apartment averages $812 per month, a two-bedroom averages $899 per month, a three-bedroom averages $1,260 per month, according to HUD Fair Market Rent data.
What is the average salary in Lexington city?
In Lexington city, VA, the average household income is $89,598 per year and individual earnings for full-time workers average $12,535 per year, according to U.S. Census Bureau data.
What is the cost of living in Lexington city?
The estimated cost of living in Lexington city, VA is approximately $2,275 per month for a single person, $4,553 for a couple, $7,076 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Lexington city?
The combined sales tax rate in Lexington city, VA is 5.75%, which includes the Virginia state rate of 5.30% plus an average local rate of 0.45%.
Is Lexington city an affordable place to live?
Based on the data, a single person in Lexington city, VA would need approximately $2,275 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $89,598 per year ($7,467 per month). Lexington city is relatively affordable compared to the national average.
How much does healthcare cost in Lexington city?
The ACA marketplace benchmark premium in Lexington city, VA is approximately $480 per month for an individual. Approximately 2.1% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Lexington city?
The average home value in Lexington city, VA is $275,300, with average annual property taxes of $2,378, according to U.S. Census Bureau data.
How does Lexington city compare to other areas?
You can compare Lexington city, VA with any other US county using our comparison tool at /compare. Lexington city is in Virginia.
Other counties in Virginia
Browse the full list of counties in Virginia, ranked by cost of living.
See all counties in VirginiaCompare Lexington city with another area
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP