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Dresden, TN vs Lexington, TN

63
Dresden
Tennessee
VS
-6.9%
68
Lexington
Tennessee

Dresden is moderately more affordable than Lexington, with a 6.9% lower cost of living index. Dresden scores 63 compared to 68 for Lexington, where the US average is 100. This difference means residents of Lexington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dresden is $731/month compared to $758/month in Lexington — a 4% difference. Home values follow the same pattern: Dresden is more affordable at $104,200 median vs $173,200.

Median household income in Dresden is $50,998 compared to $49,253 in Lexington (+3.5%). Dresden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Dresden spend roughly 17.2% of their income on rent, less than the 18.5% in Lexington.

Income & Cost

Cost of Living Index
Dresden
63
7% cheaper
Lexington
68
Median Household Income
Dresden
$50,998
3% higher
Lexington
$49,253

Housing

Median Rent
Dresden
$731
4% cheaper
Lexington
$758
Median Home Value
Dresden
$104,200
40% cheaper
Lexington
$173,200
Population
Dresden
2,974
Lexington
7,943

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dresden
Lexington $2.89
US $3.07
🥚
Eggs (grade A, large)
Dresden
Lexington $2.36
US $2.50
🥛
Milk (whole)
Dresden
Lexington $3.80
US $4.03
🍞
Bread (white)
Dresden
Lexington $1.74
US $1.85
🍗
Chicken breast
Dresden
Lexington $3.91
US $4.14
Electricity
Dresden
Lexington $0.14
US $0.19