Canton, TX vs Lexington, TX
Canton, TX and Lexington, TX have a very similar cost of living, with only a 0.4% difference in their overall index. Canton scores 81 while Lexington scores 81 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Canton is $985/month compared to $1,071/month in Lexington — a 8% difference. Interestingly, home values tell a different story: while Canton has cheaper rent, Lexington actually has lower median home values ($186,100 vs $189,200).
Median household income in Canton is $48,858 compared to $59,821 in Lexington (-18.3%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Canton spend roughly 24.2% of their income on rent, more than the 21.5% in Lexington.
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