Cost of Living / Lexington–Fayette, KY Metro
Cost of Living in Lexington–Fayette, KY Metro
Official metro name: Lexington-Fayette, KY Metro Area
Lexington–Fayette, KY Metro has a population of 515,954. Median household income is $68,089 and median rent is $1,032 per month. Rent is roughly 18.2% of median monthly income.
State: KYPopulation: 515,954Income: $68,089Rent: $1,032Affordability: Affordable (18.2%)
Median Household Income
$68,089
Annual (ACS median)
Median Rent
$1,032
Monthly (ACS median gross rent)
Rent as % of Income
18.2%
rent ÷ (income/12)
Cost Index
91
Simplified relative index
Is Lexington–Fayette, KY Metro expensive?
Based on median rent and income, Lexington–Fayette, KY Metro has a Affordable rent burden. Median rent is $1,032, which is about 18.2% of median monthly household income.
Average rent in Lexington–Fayette, KY Metro
Median rent (ACS) is $1,032 per month. (Neighborhoods vary widely.)
How much income do you need in Lexington–Fayette, KY Metro?
Median household income (ACS) is $68,089 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in KY
Compare Lexington–Fayette, KY Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.