Lexington, MO vs Troy, MO

There is a significant gap in the cost of living between these two cities. Lexington is 19% cheaper than Troy. With a cost index of 67 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lexington to Troy should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lexington is $713/month compared to $1,051/month in Troy — a 32% difference. Home values follow the same pattern: Lexington is more affordable at $153,300 median vs $212,100.

Median household income in Lexington is $70,134 compared to $75,777 in Troy (-7.4%). Troy does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lexington spend roughly 12.2% of their income on rent, less than the 16.6% in Troy.