Cost of Living in Lexington, NC
Population 19,691 · North Carolina · Data vintage 2023
(100 = US avg)
At $41,775, median household incomes in Lexington land roughly 44% below the US median, a gap that tends to persist across local labor-market indicators. Around 25% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 20 miles southwest of High Point, Lexington falls within that metro's commuting orbit. Median home values run roughly 26% lower than High Point's $212,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lexington
The median home value in Lexington is $158,100 — 48% below the national median of $305,000. Median rent runs $882/month, 33% lower than the national median of $1,314/month. The median household income of $41,775/year is 44% lower than the US median of $74,580. The local unemployment rate is 5.9%, above the national average of 4.8%. North Carolina's top state income tax rate is 4.5% and the combined sales tax is 7.0%. The climate averages highs of 69.4°F and lows of 49.6°F. Overall, Lexington has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 49 | 53 | 61 | 71 | 78 | 85 | 88 | 86 | 80 | 71 | 60 | 52 |
| Low °F | 31 | 33 | 40 | 48 | 57 | 65 | 69 | 68 | 61 | 49 | 39 | 34 |
| Precip" | 3.35 | 2.89 | 3.60 | 3.71 | 3.76 | 3.64 | 4.24 | 4.51 | 3.86 | 3.28 | 3.06 | 3.30 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lexington, NC?
Lexington has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Lexington, NC?
The median gross rent in Lexington is $882 per month based on 2023 Census data.
What is the average home price in Lexington?
The median home value in Lexington is $158,100 according to Zillow and Census data.
What is the median income in Lexington?
The median household income in Lexington is $41,775 per year (2023 ACS 5-year estimates).
What is the sales tax in Lexington, NC?
The combined state and local sales tax rate in Lexington is 7.0%. The North Carolina state income tax top rate is 4.5%.
Is Lexington, NC affordable?
Yes, Lexington is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Lexington?
Lexington has average high temperatures of 69.4°F and average lows of 49.6°F. Annual precipitation is 43.2". Data from NOAA 1991–2020 Climate Normals.
Lexington at a Glance
- Population
- 19,691
- Median Income
- $41,775
- Home Value
- $158,100
- Median Rent
- $882/mo
- Unemployment
- 5.9%
- Avg High Temp
- 69.4°F
- Sales Tax
- 7.0%
Explore county-level cost of living data
North Carolina Rankings
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