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Louisville vs Lexington

Louisville, KY  ·  Lexington, KY

⚖️

Louisville is 3% cheaper than Lexington overall.

Home Price

Louisville: $235,000

Lexington: $265,000

Monthly Rent

Louisville: $895/mo

Lexington: $925/mo

COL Index

Louisville: 87

Lexington: 90

Median Income

Louisville: $59,600

Lexington: $61,200

Side-by-Side Comparison

Metric
Louisville
Lexington
Winner
🏠

Median Home Price

$235,000
$265,000
Louisville
🏢

Monthly Rent (Median)

$895/mo
$925/mo
Louisville
💰

Median Household Income

$59,600
$61,200
Lexington
📋

Property Tax Rate

0.83%
0.83%
Tied
📊

Cost of Living Index

100 = national average

87
90
Louisville
🚗

Avg. Commute

23 min
22 min
Lexington
📈

Unemployment Rate

3.8%
3.3%
Lexington
👥

Median Age

37.3 yrs
33.9 yrs
Louisville

What This Means For You

💵

Buying Power

A $100,000 salary in Louisville has the same purchasing power as $103,448 in Lexington — based on each city's cost of living index.

🏠

Housing

Homes in Lexington are 13% cheaper (-$30,000 less). That's a significant down payment and monthly payment difference.

🏢

Renting

Renting in Louisville saves you $30/month — $360 per year. Median rent: $895/mo in Louisville vs $925/mo in Lexington.

📋

Property Taxes

On a median-priced home, Louisville owners pay roughly $1,951/year in property taxes vs $2,200/year in Lexington. Rates are comparable.

💼

Local Earnings

Median household income is $59,600 in Louisville and $61,200 in Lexington. Incomes are similar, so cost of living differences matter more.

🚗

Daily Commute

Average commute is 23 minutes in Louisville vs 22 minutes in Lexington. Commute times are nearly identical.

Salary Equivalence

To maintain the same lifestyle when moving from Louisville to Lexington, here's the salary you'd need:

Salary in LouisvilleEquivalent in LexingtonDifference
$50,000$51,724+$1,724
$75,000$77,586+$2,586
$100,000$103,448+$3,448
$150,000$155,172+$5,172
$200,000$206,897+$6,897

* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.

Run the Numbers

Related Comparisons

Louisville vs Lexington: Common Questions

Is Louisville or Lexington cheaper to live in?

Based on cost of living indices, Louisville is cheaper overall. Louisville has a COL index of 87 while Lexington scores 90 (national average = 100).

How do home prices compare between Louisville and Lexington?

The median home price in Louisville is $235,000 vs $265,000 in Lexington — a difference of $30,000 (13%).

What salary do I need in Lexington to match my Louisville income?

Use the salary equivalence table above. For example, a $100K salary in Louisville is equivalent to $103,448 in Lexington in terms of purchasing power.

Which city has lower property taxes?

Lexington has a lower property tax rate (0.83% vs 0.83%). On a median-priced home, that means paying $1,951/year vs $2,200/year.

Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.