Cost of Living: Lexington, NC vs Southlake, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lexington | Southlake |
|---|---|---|
| Housing Index | 85.0 | 145.0 |
| Median Home Price | $166,000 | $668,000 |
| Average Rent (2 BR Apartment) | $1200 | $2800 |
| Average Rent (2 BR House) | $1300 | $2856 |
Housing Comparison: Lexington vs Southlake
- The median home price in Southlake is higher at $668,000, compared to $166,000 in Lexington.
- In Southlake, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 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 | Southlake |
|---|---|---|
| Electricity Price | $13.72 | $14.47 |
| Natural Gas Price | $Data is updating | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Lexington vs Southlake
- Southlake has higher electricity costs at $14.47 per kWh, versus $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lexington and Southlake averaging $250.