Lexington, NC vs Selma, NC

Lexington, NC and Selma, NC have a very similar cost of living, with only a 1.2% difference in their overall index. Lexington scores 72 while Selma scores 73 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 $882/month compared to $824/month in Selma — a 7% difference. Interestingly, home values tell a different story: while Selma has cheaper rent, Lexington actually has lower median home values ($158,100 vs $161,100).

Median household income in Lexington is $41,775 compared to $37,440 in Selma (+11.6%). 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 25.3% of their income on rent, less than the 26.4% in Selma.