Cost of Living: Lexington, KY vs Tallahassee, FL (2026)

Lexington

Kentucky
82
VS

Tallahassee

Florida
87

Lexington is 6% cheaper than Tallahassee.

$1,101/mo ↓ 11%
Median Rent
$1,238/mo ↑ 12%
$67,631/yr ↑ 21%
Median Income
$55,931/yr ↓ 17%
$272,100 ↓ 1%
Home Value
$276,000 ↑ 1%
$1,160/mo ↓ 6%
Owner Costs
$1,237/mo ↑ 7%
321,122
Population
199,696

Tax Comparison

4.0%
Income Tax
0%
6.0%
State Sales Tax
6.0%
0.83%
Property Tax
0.86%

Affordability

19.5%
rent-to-income
Affordability
26.6%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Tallahassee, FL, the overall cost of living indices are 82 and 87 respectively (national median = 100). Rent is $137/month cheaper in Lexington, saving renters about $1,644/year.

Median household income is $11,700/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $276,000 in Tallahassee.

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

Frequently Asked Questions

Lexington vs Tallahassee — common questions

Is Lexington or Tallahassee cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 87 (US average = 100).
What is the rent difference between Lexington and Tallahassee?
Median rent in Lexington is $1,101/month and in Tallahassee it's $1,238/month — a difference of $137/month.
Which city has higher income, Lexington or Tallahassee?
Median household income is $67,631 in Lexington and $55,931 in Tallahassee. Median household income is $11,700/year higher in Lexington.
How do taxes compare between Kentucky and Florida?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Lexington or Tallahassee?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Tallahassee has a cost index of 87 with rent of $1,238/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View Tallahassee details →

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