Cost of living in Lexington, Tennessee
Lexington, Tennessee has about 7,962 people. Typical rent is $720 a month, including utilities, and a typical household earns $49,057 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.
Ranked #30 in Tennessee on the 2026 Most Affordable Towns Index.
Simple answer
Typical rent is $720 a month.
Lexington is a city in Tennessee. That rent number includes utilities. A typical household earns $49,057 a year.
- People
- 7,962
- Census average, 2020–2024
- Typical rent
- $720
- Median gross rent, includes utilities
- Typical pay
- $49,057
- Median household income, yearly
- Typical home
- $176,000
- Median home value
- 2-bedroom fair rent
- $995
- Henderson County, TN
Lexington, Tennessee has about 7,962 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $176,000.
HUD's fair-market rent for a 2-bedroom in Henderson County is $995 a month. That is the county number, not an apartment listing in Lexington. It runs from October 2026 through September 2027.
Tennessee's prices sit at 91.9 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.
Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Lexington's exact store tax.
In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Lexington's bill.
EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.
Among 278 places we list in Tennessee with a rent figure, 228 have higher typical rent than Lexington.
Nearby places
- Parsons
Typical rent $738
Compare with Lexington - Henderson
Typical rent $781
Compare with Lexington - Huntingdon
Typical rent $927
Compare with Lexington - Jackson
Typical rent $1,145
Compare with Lexington - Medina
Typical rent $1,206
Compare with Lexington - Bruceton
Typical rent $625
Compare with Lexington - Milan
Typical rent $805
- Atwood
Typical rent $825
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Tennessee
Bigger places in Tennessee
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.