City Comparison

Cranston vs Lexington

Cost of Living Comparison · 2026

Cranston

Rhode Island
109
Above Average
$395,000
Median Home
$1,375/mo
Median Rent
$90,200
Median Income

Lexington

Kentucky
93
Below Average
$245,000
Median Home
$1,200/mo
Median Rent
$55,648
Median Income

The Verdict

17.2%

The cost gap between these cities is 17.2%, with Lexington being the more affordable option. A $75,000 income in Cranston has equivalent purchasing power to $63,991 in Lexington.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
135
Cranston
82
Lexington
Groceries
103
Cranston
96
Lexington
Utilities
113
Cranston
91
Lexington
Transportation
93
Cranston
98
Lexington
Healthcare
110
Cranston
94
Lexington

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $63,991 in Lexington.

Conversely, $75,000 in Lexington equals $87,903 in Cranston.

Living in Cranston vs Lexington

Housing Costs

Cranston's housing index of 135 is higher Lexington's 82, translating to median home prices of $395,000 vs $245,000. The $150,000 difference in home prices means roughly $9,756 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,200/mo in Lexington, a monthly difference of $175.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 96 in Lexington. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $456/month in Lexington. Lexington offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 91 in Lexington. Monthly utility bills average approximately $452 in Cranston vs $364 in Lexington. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 110 in Cranston and 94 in Lexington. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 16-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $55,648 in Lexington. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $59,837 respectively. Cranston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $1,298/month in Lexington. In Cranston, median rent of $1,375/mo fits within this budget. In Lexington, median rent of $1,200/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 53 index points — focus your budget analysis there.

Frequently Asked Questions

Lexington is 17.2% more affordable overall with an index of 93 vs 109.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $63,991 in Lexington, based on the cost of living difference.
Cranston's housing index is 135 with median homes at $395,000, while Lexington's is 82 with median homes at $245,000.

Moving & Relocation Resources

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