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Lexington-Fayette vs Madison: which is cheaper?

Lexington-Fayette is 5% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $62,841 in Madison to live the same way.

🏠 Rent per month
$1,463
$1,723
🛏️ 2-bedroom rent
$1,239
$1,628
💵 Families earn per year
$74,933
$84,177
🔑 Buying a house
$293,500
$372,900
📊 Overall prices (U.S. = 100)
92.9
97.3
🏛️ Property tax per year
$2,542
$6,541
⚡ Electric bill per month
$140
$120
👥 People living there
323,725
278,001
Commute to work
20.9 min
19.4 min
College degree
48.3%
59.9%
Own their home
53.8%
46%
Below poverty line
14.9%
16.4%
Unemployment
4.9%
2.7%

Bottom line

Pay for the same job

JobLexington-FayetteMadisonDifference
Operations Manager$80,440$126,620+57% in Madison
Firefighter$36,490$56,430+55% in Madison
Plumber$61,870$85,160+38% in Madison
Electrician$57,320$78,430+37% in Madison
Police Officer$61,720$80,580+31% in Madison
Registered Nurse$79,040$101,190+28% in Madison
Dental Hygienist$80,110$100,340+25% in Madison
Carpenter$52,030$63,480+22% in Madison

Frequently asked questions

Is Lexington-Fayette or Madison cheaper to live in?

Lexington-Fayette is about 5% cheaper overall. Rent is $1,463 a month there versus $1,723 in Madison.

What salary do I need in Madison to match $60,000 in Lexington-Fayette?

About $62,841 a year gives the same standard of living in Madison.

Where do people earn more, Lexington-Fayette or Madison?

The typical household earns $74,933 in Lexington-Fayette and $84,177 in Madison, 11% more in Madison.

More comparisons

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