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Cost of Living in Lexington County

Is it better to rent or buy in Lexington County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$81,863
$1,202/mo

Median in area: $1,202

$248,608

Median in area: $248,608

$49,722

If you Rent

🔑
$1,400 /mo
Base Rent$1,202
Est. Utilities$198
% of Income20.5%
Pre-tax Residual$5,422

If you Buy

🏠
$1,681 /mo
P&I (7.059%)$1,331
Taxes & Ins$152
Est. Utilities$198
% of Income24.6%
Pre-tax Residual$5,141

Compare Nearby Areas

See how Lexington County stacks up against neighboring areas.

countySaluda County, SC
$900/mo
countyNewberry County, SC
$893/mo
countyCalhoun County, SC
$1,075/mo
countyRichland County, SC
$1,363/mo
countyAiken County, SC
$1,117/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Lexington County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Lexington County. The estimated all-in monthly cost for renting is $1,400, while owning a median-priced home with a 20% down payment is roughly $1,681 per month (a difference of $281).

How much do utilities cost in Lexington County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Lexington County is approximately $198. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Lexington County?›

To comfortably afford the median rent and utilities in Lexington County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $56,000 per year.