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

Lexington

Kentucky
82
VS

Waterbury

Connecticut
76

Lexington is 8% more expensive than Waterbury.

$1,101/mo ↓ 7%
Median Rent
$1,180/mo ↑ 7%
$67,631/yr ↑ 31%
Median Income
$51,642/yr ↓ 24%
$272,100 ↑ 47%
Home Value
$185,400 ↓ 32%
$1,160/mo ↓ 9%
Owner Costs
$1,273/mo ↑ 10%
321,122
Population
114,356

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
27.4%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Waterbury, CT, the overall cost of living indices are 82 and 76 respectively (national median = 100). Rent is $79/month cheaper in Lexington, saving renters about $948/year.

Median household income is $15,989/year higher in Lexington. Home values also differ significantly — the median in Lexington is $272,100 compared to $185,400 in Waterbury.

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

Frequently Asked Questions

Lexington vs Waterbury — common questions

Is Lexington or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 82 (US average = 100).
What is the rent difference between Lexington and Waterbury?
Median rent in Lexington is $1,101/month and in Waterbury it's $1,180/month — a difference of $79/month.
Which city has higher income, Lexington or Waterbury?
Median household income is $67,631 in Lexington and $51,642 in Waterbury. Median household income is $15,989/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 Waterbury?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Lexington details → View Waterbury details →

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