Lexington is 17% cheaper than Paradise.
When comparing Lexington, KY and Paradise, NV, the overall cost of living indices are 82 and 99 respectively (national median = 100). Rent is $186/month cheaper in Lexington, saving renters about $2,232/year.
Median household income is $8,757/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $358,400 in Paradise.
Nevada has no state income tax, giving Paradise residents a significant tax advantage over Kentucky's 4.0% rate.
Lexington vs Paradise — common questions
Other cost of living comparisons for Lexington and Paradise