Cost of Living: Lexington, KY vs Lawrenceburg, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Lawrenceburg |
|---|---|---|
| Housing Index | 95.0 | 85.0 |
| Median Home Price | $275,000 | $195,000 |
| Average Rent (2 BR Apartment) | $1350 | $1200 |
| Average Rent (2 BR House) | $1360 | $1285 |
Housing Comparison: Lexington vs Lawrenceburg
- In Lexington, the median home price is higher at $275,000, while in Lawrenceburg it is $195,000.
- Renting a two-bedroom apartment costs more in Lexington at $1,350 than in Lawrenceburg at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Lawrenceburg |
|---|---|---|
| Electricity Price | $12.87 | $12.57 |
| Natural Gas Price | $22.78 | $12.35 |
| Other Utilities | $230 | $220 |
Utilities Comparison: Lexington vs Lawrenceburg
- Electricity costs are higher in Lexington at $12.87 per kWh, compared to $12.57 in Lawrenceburg.
- Natural gas is more expensive in Lexington at $22.78 per unit, while it is cheaper at $12.35 in Lawrenceburg.
- Other utility costs are higher in Lexington at an average of $230, compared to Lawrenceburg with $220.