Cost of Living: Lexington, KY vs Midland, TX (2026)

Lexington

Kentucky
82
VS

Midland

Texas
99

Lexington is 17% cheaper than Midland.

$1,101/mo ↓ 22%
Median Rent
$1,407/mo ↑ 28%
$67,631/yr ↓ 26%
Median Income
$91,169/yr ↑ 35%
$272,100 ↓ 9%
Home Value
$298,600 ↑ 10%
$1,160/mo ↓ 21%
Owner Costs
$1,468/mo ↑ 27%
321,122
Population
133,998

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.83%
Property Tax
1.6%

Affordability

19.5%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Midland, TX, the overall cost of living indices are 82 and 99 respectively (national median = 100). Rent is $306/month cheaper in Lexington, saving renters about $3,672/year.

Median household income is $23,538/year higher in Midland. Home values also differ significantly — the median in Lexington is $272,100 compared to $298,600 in Midland.

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

Frequently Asked Questions

Lexington vs Midland — common questions

Is Lexington or Midland cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 99 (US average = 100).
What is the rent difference between Lexington and Midland?
Median rent in Lexington is $1,101/month and in Midland it's $1,407/month — a difference of $306/month.
Which city has higher income, Lexington or Midland?
Median household income is $67,631 in Lexington and $91,169 in Midland. Median household income is $23,538/year higher in Midland.
How do taxes compare between Kentucky and Texas?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Lexington or Midland?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View Midland details →

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