Cost of Living: Lexington, KY vs Columbia, MO (2026)

Lexington

Kentucky
82
VS

Columbia

Missouri
80

Lexington and Columbia have a similar cost of living.

$1,101/mo ↑ 3%
Median Rent
$1,067/mo ↓ 3%
$67,631/yr ↑ 5%
Median Income
$64,488/yr ↓ 5%
$272,100 ↑ 1%
Home Value
$268,300 ↓ 1%
$1,160/mo ↑ 4%
Owner Costs
$1,114/mo ↓ 4%
321,122
Population
127,200

Tax Comparison

4.0%
Income Tax
4.95%
6.0%
State Sales Tax
4.225%
0.83%
Property Tax
0.93%

Affordability

19.5%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Columbia, MO, the overall cost of living indices are 82 and 80 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $3,143/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $268,300 in Columbia.

Kentucky has a lower income tax rate, making Lexington slightly more tax-friendly.

Frequently Asked Questions

Lexington vs Columbia — common questions

Is Lexington or Columbia cheaper to live in?
Based on our cost index, Columbia is cheaper to live in with an index of 80 compared to 82 (US average = 100).
What is the rent difference between Lexington and Columbia?
Median rent in Lexington is $1,101/month and in Columbia it's $1,067/month — a difference of $34/month.
Which city has higher income, Lexington or Columbia?
Median household income is $67,631 in Lexington and $64,488 in Columbia. Median household income is $3,143/year higher in Lexington.
How do taxes compare between Kentucky and Missouri?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Lexington or Columbia?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Columbia has a cost index of 80 with rent of $1,067/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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