Decherd, TN vs Lexington, TN

Decherd, TN and Lexington, TN have a very similar cost of living, with only a 0.1% difference in their overall index. Decherd scores 68 while Lexington scores 68 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 Decherd is $848/month compared to $758/month in Lexington — a 12% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Decherd actually has lower median home values ($118,600 vs $173,200).

Median household income in Decherd is $34,646 compared to $49,253 in Lexington (-29.7%). 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 Decherd spend roughly 29.4% of their income on rent, more than the 18.5% in Lexington.