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Lexington, OH vs Malvern, OH

68
Lexington
Ohio
VS
+17.7%
58
Malvern
Ohio

There is a significant gap in the cost of living between these two cities. Malvern is 17.7% cheaper than Lexington. With a cost index of 58 vs 68, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malvern to Lexington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lexington is $756/month compared to $573/month in Malvern — a 32% difference. Home values follow the same pattern: Malvern is more affordable at $117,800 median vs $183,500.

Median household income in Lexington is $56,068 compared to $28,327 in Malvern (+97.9%). 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 16.2% of their income on rent, less than the 24.3% in Malvern.

Climate-wise, both cities share similar average temperatures (50.6°F vs 51.8°F). Lexington receives more rainfall at 42.5" per year compared to 38.7" in Malvern.

Income & Cost

Cost of Living Index
Lexington
68
Malvern
58
15% cheaper
Median Household Income
Lexington
$56,068
49% higher
Malvern
$28,327

Housing

Median Rent
Lexington
$756
Malvern
$573
24% cheaper
Median Home Value
Lexington
$183,500
Malvern
$117,800
36% cheaper
Population
Lexington
4,866
Malvern
1,687

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lexington $2.89
Malvern $2.89
US $3.07
🥚
Eggs (grade A, large)
Lexington $2.35
Malvern $2.35
US $2.50
🥛
Milk (whole)
Lexington $3.79
Malvern $3.79
US $4.03
🍞
Bread (white)
Lexington $1.74
Malvern $1.74
US $1.85
🍗
Chicken breast
Lexington $3.90
Malvern $3.90
US $4.14
Electricity
Lexington $0.17
Malvern $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lexington 50.6°F
Malvern 51.8°F
Summer High
Lexington 83°F
Malvern 84°F
Winter Low
Lexington 19°F
Malvern 21°F
Rainfall
Lexington 42.5"
Malvern 38.7"
Rainy Days
Lexington 153d
Malvern 166d