Cost of Living in New Lexington, OH

Population 4,479 · Ohio · Data vintage 2023

41
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

New Lexington's median household income of $43,447 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (28% here).

Located 45 miles east of Columbus, New Lexington falls within that metro's commuting orbit. Median home values run roughly 51% lower than Columbus' $235,000.

Cost Overview

Housing 37
Rent 47

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in New Lexington

The median home value in New Lexington is $114,000 — 63% below the national median of $305,000. Median rent runs $620/month, 53% lower than the national median of $1,314/month. The median household income of $43,447/year is 42% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.3°F and lows of 42.6°F. Overall, New Lexington has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.

🏠 Housing

Median Home Value
$114,000
63% below avg
Zillow Home Value
$392,704
Zillow ZHVI
Median Rent
$620/mo
53% below avg
Price-to-Rent Ratio
15.3x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 48.0%
Renter-occupied 52.0%

💰 Estimated Monthly Budget

Rent median rent
$620
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,234/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.1 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.7%

Commute Mode

Drove alone
94.9%
Carpooled
2.7%
Work from home
0.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$43,447
42% below avg
Per Capita Income
$22,724
Unemployment Rate
4.3%
10% below avg
Poverty Rate
27.5%
Labor Force Participation
49.5%

🎓 Education

Bachelor's degree+ 8.4%
Graduate degree 0.5%

👥 Demographics

Median Age 34.6
Male median age 33.6
Female median age 40

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.3°F
Avg Low
42.6°F
Annual Precip
38.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384252657481858478665343
Low °F 222431415160646254433427
Precip" 2.802.313.243.863.794.293.733.203.122.812.792.63

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
4
Public schools
1,682
Total enrollment

Frequently Asked Questions

What is the cost of living in New Lexington, OH?

New Lexington has a cost index of 41 (100 = national average). It is 59% below the national average.

What is average rent in New Lexington, OH?

The median gross rent in New Lexington is $620 per month based on 2023 Census data.

What is the average home price in New Lexington?

The median home value in New Lexington is $114,000 according to Zillow and Census data.

What is the median income in New Lexington?

The median household income in New Lexington is $43,447 per year (2023 ACS 5-year estimates).

What is the sales tax in New Lexington, OH?

The combined state and local sales tax rate in New Lexington is 7.2%. The Ohio state income tax top rate is 3.8%.

Is New Lexington, OH affordable?

Yes, New Lexington is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.

What is the weather like in New Lexington?

New Lexington has average high temperatures of 63.3°F and average lows of 42.6°F. Annual precipitation is 38.6". Data from NOAA 1991–2020 Climate Normals.

New Lexington at a Glance

Population
4,479
Median Income
$43,447
Home Value
$114,000
Median Rent
$620/mo
Unemployment
4.3%
Avg High Temp
63.3°F
Sales Tax
7.2%
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Explore county-level cost of living data

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