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Lexington, OH vs New Franklin, OH

68
Lexington
Ohio
VS
-16.7%
82
New Franklin
Ohio

There is a significant gap in the cost of living between these two cities. Lexington is 16.7% cheaper than New Franklin. With a cost index of 68 vs 82, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lexington to New Franklin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lexington is $756/month compared to $1,101/month in New Franklin — a 31% difference. Home values follow the same pattern: Lexington is more affordable at $183,500 median vs $196,600.

Median household income in Lexington is $56,068 compared to $88,306 in New Franklin (-36.5%). While New Franklin 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, more than the 15% in New Franklin.

Climate-wise, both cities share similar average temperatures (50.6°F vs 51.7°F). Lexington receives more rainfall at 42.5" per year compared to 41.6" in New Franklin.

Income & Cost

Cost of Living Index
Lexington
68
17% cheaper
New Franklin
82
Median Household Income
Lexington
$56,068
New Franklin
$88,306
37% higher

Housing

Median Rent
Lexington
$756
31% cheaper
New Franklin
$1,101
Median Home Value
Lexington
$183,500
7% cheaper
New Franklin
$196,600
Population
Lexington
4,866
New Franklin
13,830

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Lexington 50.6°F
New Franklin 51.7°F
Summer High
Lexington 83°F
New Franklin 84°F
Winter Low
Lexington 19°F
New Franklin 20°F
Rainfall
Lexington 42.5"
New Franklin 41.6"
Rainy Days
Lexington 153d
New Franklin 160d