Lexington, TN vs Woodbury, TN
Lexington, TN and Woodbury, TN have a very similar cost of living, with only a 4.8% difference in their overall index. Lexington scores 68 while Woodbury scores 71 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 $758/month compared to $692/month in Woodbury — a 10% difference. Interestingly, home values tell a different story: while Woodbury has cheaper rent, Lexington actually has lower median home values ($173,200 vs $195,600).
Median household income in Lexington is $49,253 compared to $51,506 in Woodbury (-4.4%). The higher salaries in Woodbury partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lexington spend roughly 18.5% of their income on rent, more than the 16.1% in Woodbury.
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