๐Ÿ“Š Cost of Living Comparison

Lexington vs Minneapolis

Side-by-side cost of living comparison for 2026

Lexington

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

Minneapolis

Minnesota
106
Above Average
$310,000
Median Home
$1,500/mo
Median Rent
$64,285
Median Income

๐Ÿ’ก The Verdict

12% cheaper
Lexington is 12% more affordable than Minneapolis. A $75,000 salary in Minneapolis is equivalent to $65,802 in Lexington.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
82
Lexington
112
Minneapolis
Groceries
96
Lexington
104
Minneapolis
Utilities
91
Lexington
97
Minneapolis
Transportation
98
Lexington
108
Minneapolis
Healthcare
94
Lexington
105
Minneapolis

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$85,484
$75K in Lexington โ†’ Minneapolis
$65,802
$75K in Minneapolis โ†’ Lexington

See exact take-home pay: Kentucky salaries ยท Minnesota salaries

Living in Lexington vs Minneapolis

Housing is typically the biggest factor in any cost-of-living comparison. Lexington has a housing index of 82 while Minneapolis sits at 112 (national average = 100). The median home in Lexington costs $245,000 compared to $310,000 in Minneapolis, a difference of $65,000. Monthly rent follows a similar pattern: $1,200 in Lexington versus $1,500 in Minneapolis.

Groceries and everyday expenses show a notable difference: Lexington scores 96 while Minneapolis scores 104. Both cities are close to the national average for grocery costs.

Healthcare costs in Lexington (94) are lower than Minneapolis (105). Both are close to the national average.

Median household income in Lexington is $55,648 compared to $64,285 in Minneapolis. When adjusted for cost of living, income goes further in Lexington.

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