Lyndon is considered moderately affordable in 2025, with average rent for a 2-bedroom apartment around $1,250 and grocery costs slightly below the national average.
Is the true cost of living in Lyndon higher than you think? Many people are surprised by how much it really costs to live comfortably in this Louisville suburb. Let’s take a closer look at the expenses you can expect in Lyndon, from housing and utilities to groceries, taxes, and more.
Housing Costs in Lyndon
Housing is typically the biggest expense in any monthly budget. In Lyndon, you’ll find a mix of apartments, townhomes, and single-family houses available to rent or buy. Prices vary depending on the neighborhood, property type, and size.
For renters, a typical 2-bedroom apartment in Lyndon runs around $1,250 per month as of 2025. More affordable units can be found in the $900-1,100 range, while luxury apartments may cost $1,500 or more. Renting a 3-bedroom house averages $1,800-2,200 monthly.
If you’re looking to purchase a home, expect to pay around $280,000 for a 3-bedroom, 2-bath house in one of Lyndon’s established neighborhoods like Lyndon Lane or Lyndon Woods. Newer construction and larger properties can easily cost over $350,000. Some neighborhoods have optional HOA fees of $200-400 per year.
Utilities and Energy Bills
In addition to rent or mortgage payments, Lyndon residents must budget for monthly utilities. Electricity costs around 10.5¢/kWh, translating to $110-140 per month for an average apartment. Expect higher bills in the summer when the AC is running. Gas is more affordable at roughly $40-60 monthly.
Water, sewer, and trash are sometimes included in rent, but if paid separately, budget $60-80 per month. Internet and cable packages start around $50-70. Altogether, a typical Lyndon renter should plan on at least $200 for utilities each month, while homeowners may pay $300 or more.
Groceries and Daily Expenses
Lyndon grocery costs are about 4% lower than the national average. Plan on spending around $350 per month for a single person or $850+ for a family of four. This covers basics like milk ($3.50/gal), bread ($2.50/loaf), eggs ($2.20/dozen), and ground beef ($5/lb).
Dining out will add to your food budget. A meal for two at a mid-range Lyndon restaurant averages $50-60, while fast food runs about $8-10 per person. Having a few restaurant meals per week can easily add $300+ to a couple’s monthly expenses.
Taxes and Hidden Fees
Kentucky’s statewide sales tax is 6%, and Jefferson County (which includes Lyndon) adds 0.75% on top of that. The total 6.75% sales tax applies to most goods and services, with a few exceptions like groceries and prescription drugs.
Property taxes in Lyndon are assessed at 0.75% of a home’s value. For a $300,000 house, that equals a $2,250 annual tax bill, or $188 per month. Vehicle owners must also pay yearly taxes and registration fees, which vary based on the car’s value and type.
| Tax Type | Rate |
|---|---|
| Sales Tax | 6.75% |
| Property Tax | 0.75% |
| Vehicle Tax | Varies |
Monthly Budget Summary
So what does it really cost to live in Lyndon? Here’s a sample monthly budget breakdown:
| Expense | Single Person | Couple | Family of 4 |
|---|---|---|---|
| Housing (Rent/Mortgage) | $1,000 | $1,400 | $1,800 |
| Utilities | $200 | $280 | $350 |
| Groceries | $350 | $600 | $850 |
| Transportation | $200 | $300 | $400 |
| Healthcare | $300 | $600 | $1,000 |
| Other Necessities | $300 | $500 | $800 |
| Total | $2,350 | $3,680 | $5,200 |
Keep in mind these are estimates. Your actual expenses will depend on your specific lifestyle and circumstances. Homeowners should also budget for property taxes and maintenance costs.
Lifestyle Considerations
Of course, the cost of living is just one factor to consider when deciding where to live. Lyndon offers a suburban lifestyle with easy access to downtown Louisville. Commute times average 15-25 minutes.
Most homes in Lyndon are a mix of older properties from the 1970s-80s and newer construction. While you may get less square footage for your dollar compared to further-out suburbs, many residents find the location ideal to balance work and family needs.
Lyndon has several parks, a public library, and a variety of local restaurants and shops. It’s also convenient to major retail centers and attractions in the Louisville metro area. For many, the slight premium in housing costs is worth the amenities and shorter commute times.
Frequently Asked Questions
What salary do you need to live comfortably in Lyndon?
A single person can live comfortably in Lyndon on a gross (pre-tax) income of around $2,800 per month. For a couple, aim for at least $4,200 monthly, and $6,000+ for a family of four.Is Lyndon cheaper than living in Louisville?
Lyndon is slightly more affordable than Louisville proper. Housing costs about 10-15% less in Lyndon, while groceries and utilities are comparable.What’s the most affordable neighborhood in Lyndon?
The areas around Lyndon Lane and New LaGrange Road tend to have the lowest housing costs, with 2-bedroom apartments starting around $900.How much should I budget for utilities in Lyndon?
Plan on at least $200 per month for basic utilities like electricity, gas, water, and internet. Larger homes and families may pay $300-400+.Are taxes high in Lyndon?
Lyndon has a 6.75% sales tax and 0.75% property tax, which are both slightly lower than in Louisville proper. Vehicle taxes vary based on the type and value of the car.What’s the job market like in Lyndon?
Lyndon is primarily a residential suburb, but it’s a short commute to major employers in downtown Louisville and surrounding areas. Key industries include healthcare, manufacturing, and logistics.