Drexel, OH vs Lexington, OH
Drexel, OH and Lexington, OH have a very similar cost of living, with only a 3.8% difference in their overall index. Drexel scores 66 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 Drexel is $942/month compared to $756/month in Lexington — a 25% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Drexel actually has lower median home values ($58,700 vs $183,500).
Median household income in Drexel is $43,691 compared to $56,068 in Lexington (-22.1%). While Lexington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Drexel spend roughly 25.9% of their income on rent, more than the 16.2% in Lexington.
Climate-wise, Drexel is notably warmer with an average of 54.1°F compared to 50.6°F in Lexington. Lexington receives more rainfall at 42.5" per year compared to 41" in Drexel.
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