Cost of Living in Lexington, MA
Population: 34,085 • 2026 Data
$219,402
Median Household Income
+183% vs national
$2,816
Median Monthly Rent
+109% vs national
$1,147,900
Median Home Value
+239% vs national
3.0%
Unemployment Rate
Housing in Lexington
The median home value in Lexington, MA is $1,147,900. Monthly rent for a typical unit averages $2,816, while total monthly housing costs (including utilities and insurance) average $3,508.
Rent-to-income ratio: 15.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lexington, MA is $219,402. The unemployment rate stands at 3.0%, with a labor force of 17,030 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.