Living Cost Compare
Lexington

Kentucky

$1,070/mo est.

vs
Nashville

Tennessee

$1,490/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,070 in Lexington, KY versus $1,490 in Nashville, TN. Overall, Lexington, KY is roughly 28% cheaper to live in day-to-day than Nashville, TN, driven mainly by rent.

Median household income is $67,631 in Lexington, KY and $75,197 in Nashville, TN — about 10% higher in Nashville, TN. Kentucky has a top state income tax rate of 3.50% and a 6% state sales tax; Tennessee has no state income tax and a 7% state sales tax.

Rent

Studio
$769
$1,341
+74% in Nashville, TN
1 Bedroom
$887
$1,336
+51% in Nashville, TN
2 Bedroom
$1,119
$1,478
+32% in Nashville, TN
3 Bedroom
$1,408
$1,832
+30% in Nashville, TN

Buying a Home

Median Home Value
$272,100
$383,100
+41% in Nashville, TN

Income

Median Household Income
$67,631
$75,197
+11% in Nashville, TN
Metro Median Wage (annual)
$48,620
$50,390
+4% in Nashville, TN

People & Lifestyle

Median Age
35.2 yr
34.4 yr
+0.8 yr in Lexington, KY
Homeownership
53.6%
53.0%
+0.6 pp in Lexington, KY
Bachelor's+ (25+)
47.3%
46.9%
+0.4 pp in Lexington, KY
Avg Commute
20.8 min
24.9 min
+4.1 min in Nashville, TN

Crime (per 100k/yr)

Violent Crime
269.1
1,178.7
+338% in Nashville, TN
Property Crime
2,304.4
4,558.5
+98% in Nashville, TN

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
55.6°F
59.4°F
+3.8°F in Nashville, TN
Annual Precipitation
45.2 in
47.3 in
+2.1 in in Nashville, TN

Gas

Regular Gasoline
$3.94/gal
$3.94/gal
about equal

Area: Midwest (PADD 2) vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)
$2.00

Adult base one-way fare — vs WeGo Public Transit (2026).

Utilities

Electricity (¢/kWh)
15.0
14.5
+3% in Lexington, KY
Natural Gas ($/MCF)
$29.48
$16.83
+43% in Lexington, KY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.00
about equal
Bread (lb)
$1.75
$1.75
about equal
Eggs (doz)
$2.21
$2.21
about equal
Ground Beef (lb)
$6.45
$6.45
about equal
Chicken (lb)
$1.90
$1.90
about equal
Bananas (lb)
$0.62
$0.62
about equal

Average prices — South vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (KY / TN)
6%
7%
+1.0 pp in TN
Income Tax (top rate)
3.50%
None
+3.5 pp in KY

Lexington vs Nashville — FAQ

Is it cheaper to live in Lexington or Nashville?
Lexington, KY is cheaper. Its monthly baseline of $1,070 (1BR rent + utilities) runs about 28% below Nashville, TN's $1,490, mainly because of rent.
How much more do you need to earn to live in Lexington than in Nashville?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $35,000 a year in Lexington versus $53,000 in Nashville.
Which has lower taxes, Lexington or Nashville?
Lexington is taxed under Kentucky's rules (a top state income tax rate of 3.50% and a 6% state sales tax); Nashville under Tennessee's (no state income tax and a 7% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).