Lexington, MI vs Mount Morris, MI

Mount Morris is moderately more affordable than Lexington, with a 5% lower cost of living index. Lexington scores 68 compared to 65 for Mount Morris, 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 Lexington is $643/month compared to $884/month in Mount Morris — a 27% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Mount Morris actually has lower median home values ($79,500 vs $191,000).

Median household income in Lexington is $49,091 compared to $42,886 in Mount Morris (+14.5%). 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 Lexington spend roughly 15.7% of their income on rent, less than the 24.7% in Mount Morris.