Florence, SC vs Lexington, SC

There is a significant gap in the cost of living between these two cities. Florence is 22.6% cheaper than Lexington. With a cost index of 74 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Florence to Lexington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Florence is $922/month compared to $1,360/month in Lexington — a 32% difference. Home values follow the same pattern: Florence is more affordable at $189,800 median vs $271,200.

Median household income in Florence is $56,433 compared to $83,263 in Lexington (-32.2%). 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 Florence spend roughly 19.6% of their income on rent, less than the 19.6% in Lexington.

Climate-wise, both cities share similar average temperatures (64.7°F vs 64.3°F). Florence receives more rainfall at 45.3" per year compared to 45.2" in Lexington.