Lexington-Fayette urban county, KY vs Louisville/Jefferson County metro government (balance), KY

Louisville/Jefferson County metro government (balance) is moderately more affordable than Lexington-Fayette urban county, with a 5.9% lower cost of living index. Lexington-Fayette urban county scores 88 compared to 83 for Louisville/Jefferson County metro government (balance), where the US average is 100. This difference means residents of Lexington-Fayette urban county can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lexington-Fayette urban county is $1,101/month compared to $1,069/month in Louisville/Jefferson County metro government (balance) — a 3% difference. Home values follow the same pattern: Louisville/Jefferson County metro government (balance) is more affordable at $221,500 median vs $272,100.

Median household income in Lexington-Fayette urban county is $67,631 compared to $64,731 in Louisville/Jefferson County metro government (balance) (+4.5%). The higher salaries in Lexington-Fayette urban county partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lexington-Fayette urban county spend roughly 19.5% of their income on rent, less than the 19.8% in Louisville/Jefferson County metro government (balance).