Lexington, MO vs Marshall, MO
Lexington, MO and Marshall, MO have a very similar cost of living, with only a 0.7% difference in their overall index. Lexington scores 67 while Marshall scores 67 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 Lexington is $713/month compared to $769/month in Marshall — a 7% difference. Interestingly, home values tell a different story: while Lexington has cheaper rent, Marshall actually has lower median home values ($145,900 vs $153,300).
Median household income in Lexington is $70,134 compared to $54,815 in Marshall (+27.9%). Lexington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lexington spend roughly 12.2% of their income on rent, less than the 16.8% in Marshall.
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