Lexington, KY vs Newark, NJ: 82 vs 100

$1,101/mo ↓ 17%

Median Rent

$1,330/mo ↑ 21%

$67,631/yr ↑ 40%

Median Income

$48,416/yr ↓ 28%

$272,100 ↓ 19%

Home Value

$337,800 ↑ 24%

$1,160/mo ↓ 18%

Owner Costs

$1,419/mo ↑ 22%

321,122

Population

307,188

Detailed Comparison

When comparing Lexington, KY and Newark, NJ, the overall cost of living indices are 82 and 100 respectively (national median = 100). Rent is $229/month cheaper in Lexington, saving renters about $2,748/year.

Median household income is $19,215/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $337,800 in Newark.

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

Frequently Asked Questions

Lexington vs Newark — common questions

Is Lexington or Newark cheaper to live in?

Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 100 (US average = 100).

What is the rent difference between Lexington and Newark?

Median rent in Lexington is $1,101/month and in Newark it's $1,330/month — a difference of $229/month.

Which city has higher income, Lexington or Newark?

Median household income is $67,631 in Lexington and $48,416 in Newark. Median household income is $19,215/year higher in Lexington.

How do taxes compare between Kentucky and New Jersey?

Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.

Should I move to Lexington or Newark?

It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Newark has a cost index of 100 with rent of $1,330/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Lexington, KY vs Newark, NJ (2026)

Lexington

Newark

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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