Salary Needed to Live in Lexington as a Single
A single adult living independently needs approximately $17,871/year to live comfortably in Lexington, KY — including 10% savings.
Comfortable Salary
$17,871
with 10% savings
Bare Minimum
$15,488
no savings buffer
Monthly Expenses
$968
12% below national avg
Detailed Monthly Budget for a Single in Lexington
| Expense | Lexington | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $112 | $113 | -1% |
| 🛒 Groceries | $20 | $17 | +18% |
| ⚡ Utilities | $11 | $14 | -21% |
| 🚗 Transportation | $20 | $26 | -23% |
| 🛡️ Car Insurance | $162 | $223 | -27% |
| 🏥 Health Insurance | $43 | $56 | -23% |
| Internet | $60 | $65 | -8% |
| Phone | $79 | $85 | -7% |
| Dining & Social | $279 | $300 | -7% |
| Entertainment | $112 | $120 | -7% |
| Personal Care | $70 | $75 | -7% |
| Total Monthly | $968 | $1,094 | -12% |
How We Calculated the Salary
Monthly expenses:$968
Target savings (10%):$124/mo
Monthly after-tax needed:$1,092
Effective tax rate:25%
Gross annual salary needed:$17,871
Other Household Types in Lexington
Related Pages
FAQ
What salary does a single person need in Lexington?
A single person needs approximately $17,871/year ($1,489/month gross) to live comfortably in Lexington with a 10% savings rate.
How much is rent for a single person in Lexington?
A studio/1br in Lexington costs approximately $112/month, which is the largest single expense at 12% of the total budget.
Is Lexington affordable for a single person?
Yes, Lexington is 12% more affordable than the national average for a single person.