Cost of Living: Lexington, KY vs New Haven, CT (2026)

Lexington

Kentucky
82
VS

New Haven

Connecticut
95

Lexington is 14% cheaper than New Haven.

$1,101/mo ↓ 24%
Median Rent
$1,442/mo ↑ 31%
$67,631/yr ↑ 26%
Median Income
$53,771/yr ↓ 20%
$272,100 ↑ 9%
Home Value
$249,000 ↓ 8%
$1,160/mo ↓ 24%
Owner Costs
$1,520/mo ↑ 31%
321,122
Population
132,893

Tax Comparison

4.0%
Income Tax
6.99%
6.0%
State Sales Tax
6.35%
0.83%
Property Tax
2.15%

Affordability

19.5%
rent-to-income
Affordability
32.2%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and New Haven, CT, the overall cost of living indices are 82 and 95 respectively (national median = 100). Rent is $341/month cheaper in Lexington, saving renters about $4,092/year.

Median household income is $13,860/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $249,000 in New Haven.

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

Frequently Asked Questions

Lexington vs New Haven — common questions

Is Lexington or New Haven cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 95 (US average = 100).
What is the rent difference between Lexington and New Haven?
Median rent in Lexington is $1,101/month and in New Haven it's $1,442/month — a difference of $341/month.
Which city has higher income, Lexington or New Haven?
Median household income is $67,631 in Lexington and $53,771 in New Haven. Median household income is $13,860/year higher in Lexington.
How do taxes compare between Kentucky and Connecticut?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Lexington or New Haven?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while New Haven has a cost index of 95 with rent of $1,442/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View New Haven details →

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