Cost of Living: Lexington, KY vs Norfolk, VA (2026)

Lexington

Kentucky
82
VS

Norfolk

Virginia
89

Lexington is 8% cheaper than Norfolk.

$1,101/mo ↓ 12%
Median Rent
$1,246/mo ↑ 13%
$67,631/yr ↑ 6%
Median Income
$64,017/yr ↓ 5%
$272,100 ≈ Same
Home Value
$271,900 ≈ Same
$1,160/mo ↓ 15%
Owner Costs
$1,366/mo ↑ 18%
321,122
Population
235,037

Tax Comparison

4.0%
Income Tax
5.75%
6.0%
State Sales Tax
5.3%
0.83%
Property Tax
0.8%

Affordability

19.5%
rent-to-income
Affordability
23.4%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Norfolk, VA, the overall cost of living indices are 82 and 89 respectively (national median = 100). Rent is $145/month cheaper in Lexington, saving renters about $1,740/year.

Median household income is $3,614/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $271,900 in Norfolk.

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

Frequently Asked Questions

Lexington vs Norfolk — common questions

Is Lexington or Norfolk cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 89 (US average = 100).
What is the rent difference between Lexington and Norfolk?
Median rent in Lexington is $1,101/month and in Norfolk it's $1,246/month — a difference of $145/month.
Which city has higher income, Lexington or Norfolk?
Median household income is $67,631 in Lexington and $64,017 in Norfolk. Median household income is $3,614/year higher in Lexington.
How do taxes compare between Kentucky and Virginia?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax.
Should I move to Lexington or Norfolk?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Norfolk has a cost index of 89 with rent of $1,246/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View Norfolk details →

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