Salary Needed to Live in Lexington as a Couple
A couple sharing expenses without children needs approximately $24,952/year to live comfortably in Lexington, KY — including 12% savings.
Comfortable Salary
$24,952
with 12% savings
Bare Minimum
$20,960
no savings buffer
Monthly Expenses
$1,310
10% below national avg
Detailed Monthly Budget for a Couple in Lexington
| Expense | Lexington | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 1-2BR Apartment Rent | $136 | $137 | -1% |
| 🛒 Groceries | $31 | $27 | +15% |
| ⚡ Utilities | $14 | $19 | -26% |
| 🚗 Transportation | $27 | $35 | -23% |
| 🛡️ Car Insurance | $162 | $223 | -27% |
| 🏥 Health Insurance | $43 | $56 | -23% |
| Internet | $60 | $65 | -8% |
| Phone (×2) | $130 | $140 | -7% |
| Dining & Social | $419 | $450 | -7% |
| Entertainment | $167 | $180 | -7% |
| Personal Care (×2) | $121 | $130 | -7% |
| Total Monthly | $1,310 | $1,462 | -10% |
How We Calculated the Salary
Monthly expenses:$1,310
Target savings (12%):$213/mo
Monthly after-tax needed:$1,523
Effective tax rate:25%
Gross annual salary needed:$24,952
Other Household Types in Lexington
Related Pages
FAQ
What salary does a couple (no kids) need in Lexington?
A couple (no kids) needs approximately $24,952/year ($2,079/month gross) to live comfortably in Lexington with a 12% savings rate.
How much is rent for a couple (no kids) in Lexington?
A 1-2br apartment in Lexington costs approximately $136/month, which is the largest single expense at 10% of the total budget.
Is Lexington affordable for a couple (no kids)?
Yes, Lexington is 10% more affordable than the national average for a couple (no kids).