Is Lexington-Fayette urban county, KY cheaper than Miami, FL?

Based on cost of living data, Lexington-Fayette urban county, KY is 24.4% cheaper than Miami, FL. This translates to saving $1829 per month.

What salary do I need in Lexington-Fayette urban county, KY to live like I do in Miami, FL?

If you earn $150,000 in Miami, FL, you'd need approximately $128,048.78 in Lexington-Fayette urban county, KY to maintain the same standard of living.

How does housing cost compare between Miami, FL and Lexington-Fayette urban county, KY?

Housing in Lexington-Fayette urban county, KY is 36.6% cheaper than in Miami, FL. For a two-bedroom apartment, rent is $1,000/month in Lexington-Fayette urban county, KY compared to $2,660/month in Miami, FL.

How much can I save per month by moving from Miami, FL to Lexington-Fayette urban county, KY?

Moving from Miami, FL to Lexington-Fayette urban county, KY could save you approximately $1829 per month, or $21951 per year, based on a $150,000 salary.

Miami, FL vs Lexington-Fayette urban county, KY: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Miami, FL

Numbers update automatically as you type

You'd save $1.8K/month moving to Lexington-Fayette urban county, KY

$150.0K in your current city equals $128.0K in Lexington-Fayette urban county, KY

Rent data from HUD ZIP-level estimates · COL index from Miami-Fort Lauderdale-Pompano Beach, FL area

Overall Cost

↓ 24.4%

Less expensive

Monthly Impact

$1,829

Savings

Annual Impact

$22.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Miami, FL

Population:442K

Cost Index:

100

100 = national average

Median Home:$510K

Lexington-Fayette urban county, KY

Population:320K

Cost Index:

(24% below avg)

Median Home:$345K

Miami, FL

The Sunshine State

442K

Population

State Tax

No Income Tax

Climate

Tropical

Notable Facts

•Gateway to Latin America
•Major cruise port
•International business hub

Major Industries

International TradeTourismFinanceReal Estate

Lexington-Fayette urban county, KY

The Bluegrass State

320K

Population

State Tax

Yes

Located in Kentucky, this city has a population of 320K residents.

Cost Breakdown by Category

Annual spending: Miami, FL vs Lexington-Fayette urban county, KY

Category	Miami, FL	Lexington-Fayette urban county, KY	Difference	Change
Housing	$3,690/mo	$2,339/mo	↓ $1,351less	36.6%
Other	$2,093/mo	$1,641/mo	↓ $452less	21.6%
Transportation	$1,462/mo	$1,216/mo	↓ $246less	16.8%
Groceries	$1,079/mo	$959/mo	↓ $120less	11.1%
All Utilities	$519/mo	$464/mo	↓ $54.64less	10.5%
Healthcare	$589/mo	$551/mo	↓ $37.17less	6.3%

Housing

↓ 36.6%

Miami, FL

$3,690

Lexington-Fayette urban county, KY

$2,339

Difference

$1,351

less

Other

↓ 21.6%

Miami, FL

$2,093

Lexington-Fayette urban county, KY

$1,641

Difference

$452

less

Transportation

↓ 16.8%

Miami, FL

$1,462

Lexington-Fayette urban county, KY

$1,216

Difference

$246

less

Groceries

↓ 11.1%

Miami, FL

$1,079

Lexington-Fayette urban county, KY

$959

Difference

$120

less

All Utilities

↓ 10.5%

Miami, FL

$519

Lexington-Fayette urban county, KY

$464

Difference

$54.64

less

Healthcare

↓ 6.3%

Miami, FL

$589

Lexington-Fayette urban county, KY

$551

Difference

$37.17

less

🏠Rent Comparison

Studio

From$1,995

To$720

↓ $1,275

1 Bed

From$2,180

To$820

↓ $1,360

2 Bed

From$2,660

To$1,000

↓ $1,660

3 Bed

From$3,415

To$1,350

↓ $2,065

Miami, FLZIP-level data

1BR range: $1,550–$2,990/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$9,431

Monthly in Miami, FL

$7,170

Monthly in Lexington-Fayette urban county, KY

$2,261

Difference

Home Values

Miami

Lexington-Fayette urban county

$510K

Median Value

↓ -3.6%

YoY Change

↑ +49.4%

5-Year Change

$278K - $1.53M

Price Range

Calculate payment - Miami

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $7.5K

More taxes

Monthly Difference

$625

Less take-home

Effective Rate Diff

5.0%

Rate difference

Miami, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Lexington-Fayette urban county, KY

Federal Income Tax

Effective: 18.9%

$25.5K

Kentucky State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

Additional Tax Information

Miami, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Lexington-Fayette urban county, KY Tax Rates

Sales Tax:6.0%

Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.