Georgetown, KY vs. Lexington, KY: Cost of Living Comparison (2025)

Family unpacking boxes in their new Georgetown, KY home, smiling in the sunlit living room. — Moving day brings excitement for a young family as they settle into their new Georgetown home, surrounded by boxes and warm sunlight.

Relocating to central Kentucky? Housing costs are 22% lower in Georgetown compared to Lexington, making it an attractive option for budget-conscious families and professionals. This article provides a detailed cost of living comparison of Georgetown vs Lexington. It’s perfect for anyone comparing the real-life expenses of these two cities in 2025.

1. Housing Costs

The median home price in Georgetown is $325,000, while in Lexington it’s $415,000. Rents follow a similar trend:

Housing Type	Georgetown	Lexington
2BR Apartment	$1,250	$1,550
3BR House	$1,800	$2,300

🏆 Winner: Georgetown

2. Utilities and Energy Costs

Utility bills in Georgetown average $180 per month, about 10% lower than Lexington’s $200 monthly average. Both cities experience hot summers and cool winters, but Georgetown’s smaller size means slightly lower energy usage. Both cities offer off-peak savings plans for electric customers.

🏆 Winner: Georgetown

3. Groceries and Daily Expenses

Grocery costs are comparable between the two cities, with Georgetown prices averaging 5% lower than Lexington. A gallon of milk is $3.50 in Georgetown vs $3.75 in Lexington, for example. Eating out is also slightly cheaper in Georgetown, with a typical fast food meal costing $8 vs $9 in Lexington.

🏆 Winner: Georgetown

4. Taxes and Fees

Property taxes are 0.85% in Georgetown compared to 1.1% in Lexington. However, Lexington has lower city service fees. HOA fees are similar, typically $200-400 per month, and often include amenities like pools and fitness centers in both cities.

🏆 Winner: Lexington

5. Cost Summary

Category	Georgetown	Lexington
Housing	$1,800	$2,300
Utilities	$180	$200
Groceries	$400	$420
Transportation	$60	$75
Taxes	$230	$300
Misc	$250	$300
Estimated Monthly Total	$2,920	$3,595

Couple discusses their monthly budget over coffee in a Lexington, KY cafe, reviewing spreadsheets on a laptop. — In a lively Lexington coffee shop, a couple pores over their monthly expenses on a laptop, lattes in hand as they plan their budget.

Note: All income figures are expressed as gross monthly income (pre-tax).

6. Lifestyle Fit

While Georgetown offers more affordable living, Lexington provides an urban environment with more amenities, nightlife, and public transportation. Lexington is 12°F warmer on average than Georgetown, appealing to those who prefer milder winters. However, Georgetown’s lower population density means more space, easier parking, and quieter neighborhoods.

7. FAQ

Is Georgetown more affordable than Lexington? Yes, the cost of living is about 19% lower in Georgetown compared to Lexington, mainly due to cheaper housing.
Which city has lower rent? Georgetown has lower rent, with a typical 2BR apartment costing $1,250 vs $1,550 in Lexington.
Where is it cheaper to buy a home? The median home price in Georgetown is $325,000, which is 22% lower than Lexington’s median of $415,000.

8. Conclusion

Georgetown offers a lower cost of living for families and professionals who prioritize affordable housing and a suburban lifestyle. Budgeters can save on major expenses like rent and property taxes. However, those who prefer a more lively urban scene with ample public transit may find Lexington worth the extra cost. Explore more monthly budget examples for Georgetown residents or dive into our full cost of living guide for Georgetown in 2025.