Cost of Living: Lexington, KY vs Tavares, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Tavares |
|---|---|---|
| Housing Index | 95.0 | 98.0 |
| Median Home Price | $275,000 | $345,000 |
| Average Rent (2 BR Apartment) | $1350 | $1700 |
| Average Rent (2 BR House) | $1360 | $1744.8 |
Housing Comparison: Lexington vs Tavares
- The median home price in Tavares is higher at $345,000, compared to $275,000 in Lexington.
- In Tavares, the rental for a two-bedroom apartment stands at $1,700, while it is $1,350 in Lexington.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lexington | Tavares |
|---|---|---|
| Electricity Price | $12.87 | $13.89 |
| Natural Gas Price | $22.78 | $26.13 |
| Other Utilities | $230 | $230 |
Utilities Comparison: Lexington vs Tavares
- Tavares has higher electricity costs at $13.89 per kWh, versus $12.87 in Lexington.
- Tavares experiences higher natural gas costs at $26.13 per unit, with costs at $22.78 in Lexington.
- Utility expenses are equal in both Lexington and Tavares averaging $230.