City Comparison

Lexington vs New Bedford

Cost of Living Comparison · 2026

Lexington

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

New Bedford

Massachusetts
112
Above Average
$371,000
Median Home
$1,225/mo
Median Rent
$57,000
Median Income

The Verdict

17.0%

Lexington is 17.0% less expensive than New Bedford overall. A household earning $75,000 in Lexington would need approximately $90,323 in New Bedford to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
82
Lexington
116
New Bedford
Groceries
96
Lexington
104
New Bedford
Utilities
91
Lexington
145
New Bedford
Transportation
98
Lexington
108
New Bedford
Healthcare
94
Lexington
118
New Bedford

Salary Equivalence

A $75,000 salary in Lexington has the same purchasing power as $90,323 in New Bedford.

Conversely, $75,000 in New Bedford equals $62,277 in Lexington.

Living in Lexington vs New Bedford

Housing Costs

Lexington's housing index of 82 is lower New Bedford's 116, translating to median home prices of $245,000 vs $371,000. The $126,000 difference in home prices means roughly $8,196 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,200/mo in Lexington compared to $1,225/mo in New Bedford, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 96 in Lexington and 104 in New Bedford. A household spending the national average of $475/month on groceries would pay approximately $456/month in Lexington vs $494/month in New Bedford. Lexington offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 91 in Lexington and 145 in New Bedford. Monthly utility bills average approximately $364 in Lexington vs $580 in New Bedford. 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 94 in Lexington and 118 in New Bedford. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,648 in Lexington and $57,000 in New Bedford. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $59,837 and $50,893 respectively. Lexington residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,298/month to housing in Lexington vs $1,330/month in New Bedford. In Lexington, median rent of $1,200/mo fits within this budget. In New Bedford, median rent of $1,225/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 54 index points — focus your budget analysis there.

Frequently Asked Questions

Lexington is 17.0% more affordable overall with an index of 93 vs 112.
A $75,000 salary in Lexington has equivalent purchasing power to approximately $90,323 in New Bedford, based on the cost of living difference.
Lexington's housing index is 82 with median homes at $245,000, while New Bedford's is 116 with median homes at $371,000.

Moving & Relocation Resources

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