Cost of Living: Lexington, KY vs Hollywood, FL (2026)

Lexington

Kentucky
82
VS

Hollywood

Florida
113

Lexington is 27% cheaper than Hollywood.

$1,101/mo ↓ 29%
Median Rent
$1,555/mo ↑ 41%
$67,631/yr ↑ 3%
Median Income
$65,359/yr ↓ 3%
$272,100 ↓ 27%
Home Value
$374,200 ↑ 38%
$1,160/mo ↓ 26%
Owner Costs
$1,568/mo ↑ 35%
321,122
Population
152,935

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
6.0%
0.83%
Property Tax
0.86%

Affordability

19.5%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Hollywood, FL, the overall cost of living indices are 82 and 113 respectively (national median = 100). Rent is $454/month cheaper in Lexington, saving renters about $5,448/year.

Median household income is $2,272/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $374,200 in Hollywood.

Florida has no state income tax, giving Hollywood residents a significant tax advantage over Kentucky's 4.0% rate.

Frequently Asked Questions

Lexington vs Hollywood — common questions

Is Lexington or Hollywood cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 113 (US average = 100).
What is the rent difference between Lexington and Hollywood?
Median rent in Lexington is $1,101/month and in Hollywood it's $1,555/month — a difference of $454/month.
Which city has higher income, Lexington or Hollywood?
Median household income is $67,631 in Lexington and $65,359 in Hollywood. Median household income is $2,272/year higher in Lexington.
How do taxes compare between Kentucky and Florida?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Lexington or Hollywood?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View Hollywood details →

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