Skip to content
Cost & Benefits

Cost of living in Lexington, Virginia

Lexington, Virginia has about 7,525 people. Typical rent is $1,081 a month, including utilities, and a typical household earns $84,517 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 #20 in Virginia on the 2026 Most Affordable Towns Index.

Simple answer

Typical rent is $1,081 a month.

Lexington is a city in Virginia. That rent number includes utilities. A typical household earns $84,517 a year.

People
7,525
Census average, 2020–2024
Typical rent
$1,081
Median gross rent, includes utilities
Typical pay
$84,517
Median household income, yearly
Typical home
$275,200
Median home value
2-bedroom fair rent
$1,057
Rockbridge County-Buena Vista city-Lexington city, VA HUD Nonmetro FMR Area

Lexington, Virginia has about 7,525 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $275,200.

HUD's fair-market rent for a 2-bedroom in Lexington city is $1,057 a month. That is the county number, not an apartment listing in Lexington. It runs from October 2026 through September 2027.

Virginia's prices sit at 101.1 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.

Virginia taxes wages. A typical combined sales tax is 5.8% as of January 1, 2026. That mix is statewide, not Lexington's exact store tax.

In July 2026, a typical Virginia home paid 17.55¢ 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 Virginia in the table we use.

Among 343 places we list in Virginia with a rent figure, 226 have higher typical rent than Lexington.

Nearby places

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 Virginia

Bigger places in Virginia

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.