Loading
Assembling your view…
Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Lexington looks like a financial upgrade — better income-to-cost ratio.
Lexington has a cost index of 98 vs 97 for Houston. Lexington is 1 points more expensive overall. Monthly rent goes from $1,542 to $1,487 (-4%).
If you earn the Houston median of $62,894, you would need approximately $63,542/year in Lexington to maintain equivalent purchasing power, based on the cost index difference of 1 points (1%).
Median rent in Houston is $1,542/month. In Lexington it is $1,487/month — a difference of $55 per month, or $660 per year.
Moving to Lexington looks like a financial upgrade — better income-to-cost ratio. The salary equivalent to maintain your current lifestyle is $63,542/year in Lexington. The median income there is $67,631.
Estimated monthly essentials total $3,393 in Houston vs $3,370 in Lexington — a difference of $23/month ($276/year).
The median home price in Lexington is $322,743 vs $261,976 in Houston. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,632 in Lexington vs $1,325 in Houston.