Lexington, KY vs. Versailles, KY: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Lexington vs Versailles, KY. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Lexington vs Versailles in 2025.
1. Housing Costs
Housing is often the biggest factor in cost of living differences. Here’s how Lexington and Versailles compare for typical housing options:
| Housing Type | Lexington | Versailles |
|---|---|---|
| 2BR Apartment Rent | $1,100 | $950 |
| 3BR Home Mortgage | $1,400 | $1,200 |
🏆 Winner: Versailles. Housing costs are about 15% lower in Versailles compared to Lexington.
2. Utilities and Energy Costs
Utility costs can vary based on home size, climate control, and energy-saving measures. For a typical household, here’s what to expect:
- Lexington: $180–$220/month
- Versailles: $150–$200/month
Both cities have similar climates, so seasonal swings in utility bills are comparable. Lexington offers a few more utility assistance programs for low-income households.
🏆 Winner: Versailles has slightly lower utility costs on average.
3. Groceries and Daily Expenses
Grocery costs are very similar between Lexington and Versailles. Expect to spend around $400–$500 per month for a couple. Restaurant prices are also comparable, though Lexington has a few more high-end options that can increase the average.
🏆 Winner: It’s a tie! Grocery and daily living costs are nearly identical.
4. Taxes and Fees
Kentucky has a flat 5% income tax rate statewide. However, there are some differences in local taxes:
- Lexington property tax rate: 0.82%
- Versailles property tax rate: 0.75%
Lexington also has slightly higher vehicle taxes and fees. In Lexington, HOA fees often include landscaping and trash, while Versailles residents usually pay separately for those services.
🏆 Winner: Versailles, but only by a small margin. Taxes are similar overall.
5. Cost of Living in Lexington vs Versailles Summary
| Category | Lexington | Versailles |
|---|---|---|
| Housing | $1,400 | $1,200 |
| Utilities | $200 | $175 |
| Groceries | $450 | $450 |
| Transportation | $300 | $250 |
| Taxes | $600 | $550 |
| Misc | $250 | $250 |
| Estimated Monthly Total | $3,200 | $2,875 |
6. Lifestyle Fit
Lexington is a larger city with more amenities, dining, and entertainment options. It’s great for those who prefer having everything close by. However, that comes with more traffic, noise, and higher housing costs.
Versailles offers a slower pace of life, lower cost of living, and easy access to outdoor recreation. It’s about a 15-minute drive from Versailles to central Lexington. Versailles can be a great option for those who work in Lexington but prefer a small-town feel.
7. FAQ
- Is Lexington more affordable than Versailles? No, Versailles has a lower overall cost of living, primarily due to cheaper housing.
- Which city has lower rent? Rent prices are about 15% lower in Versailles compared to Lexington.
- Where is it cheaper to buy a home? Home prices and mortgages are more affordable in Versailles.
8. Conclusion
While Lexington and Versailles are only about 15 miles apart, their cost of living does differ, especially when it comes to housing. Lexington is great for those who want a lively city atmosphere and don’t mind paying a bit more. Versailles offers a lower cost of living and laid-back community vibe that appeals to families and outdoor enthusiasts.
Budgeting is an important part of any move. For a more personalized look at expenses, check out these Monthly Budget Examples for Lexington Residents. Or, for a full overview of prices in the city, see the Cost of Living in Lexington (2025 Guide).
Considering other Kentucky cities? Browse our library of cost of living comparisons to find the perfect fit for your lifestyle and budget.