Lexington Kentucky Cost of Living

Posted by on Tuesday, May 31st, 2011 at 4:16pm.

According to an article in the Lexington Herald Leader newspaper, Lexington KY has the 3rd lowest cost of living in the United States for a mid sized metropolitan area.  [A mid sized metropolitan area is one that has between 100,000 and 500,000 persons.]
The report was prepared by KPMG LLC, and in comparing  numerous factors and considerations including transportation costs, property taxes, and electricity among others - Lexington Kentucky enjoys some of the lowest overall costs in the USA.  These reports are important for many businesses considering making a relocation, or expansion to a new area, but they can be invaluable tools for consumers as well.  After all, regular persons use electricity, pay taxes, etc just the same as the big companies - and that provides a good gauge for what a persons cost of living is likely to be in a particular area.  This gives them the ability to compare what their salary is really worth in Lexington KY, compared to somewhere else.

The only 2 cities with lower costs were Shreveport Louisiana, and Montgomery Alabama.

This marks the 3rd year in a row that Lexington KY has ranked #3.  Add in their quality of life, and the Lexington metropolitan area is definitely a good choice for most persons to consider.  Excellent choices abound for housing considerations.  Everything from first time home buyer starter homes, to luxury Lexington homes, all the way to world class horse farms, you can find it all within this metropolitan city.  Its large enough to offer most metropolitan conveniences, but small enough that it still has a small town "home-i-ness"(yes, I just created a new word! :)) to it.  Congratulations to Lexington Kentucky for continuing to rank among the best in the USA.


Be the first to comment on this blog entry!


Leave a Comment

Follow Us!

Lexington MLS Mobile Search

About Us

Our website offers the most powerful & fastest search tools available.

Read More