Shively, KY vs. Lexington, KY: Cost of Living Comparison (2025)
This article provides a cost of living comparison: Shively vs Lexington. It is perfect for families relocating, professionals choosing between job offers, or anyone comparing the real-life cost of Shively vs Lexington in 2025.
1. Housing Costs
Housing is often the biggest factor in cost of living differences. Here’s how Shively and Lexington compare for typical rentals and home prices:
| Housing Type | Shively | Lexington |
|---|---|---|
| 2BR Apartment (Monthly Rent) | $950 | $1,350 |
| 3BR House (Median Price) | $180,000 | $280,000 |
🏆 Winner: Shively. Housing costs are significantly lower in Shively compared to Lexington, with savings of $400/month on a typical 2BR apartment and $100,000 on the median-priced home.
2. Utilities and Energy Costs
Utility bills also impact monthly budgets. In Shively and Lexington, expect to pay:
- Shively: $180-$220/month (lower in winter, higher in summer)
- Lexington: $200-$250/month
Both cities offer budget billing to help even out seasonal spikes. Shively also has an off-peak discount program for electric vehicle charging.
🏆 Winner: Shively. While utility costs are similar, Shively comes out slightly ahead, especially for EV owners who can save with off-peak rates.
3. Groceries and Daily Expenses
For groceries and everyday items, Shively is about 5% cheaper than Lexington on average. A gallon of milk runs $3.50 in Shively compared to $3.75 in Lexington, for example.
Eating out is also more affordable in Shively, with entrees around $12-$18 at most casual restaurants vs. $15-$22 in Lexington.
🏆 Winner: Shively takes the lead again, offering savings on groceries, dining out, and common purchases.
4. Taxes and Fees
Shively’s property tax rate is 0.98% vs Lexington’s 1.15%. For a $250,000 home, that’s a difference of $425 per year. Many Shively neighborhoods also have lower HOA fees, which often include extras like landscaping and trash service.
🏆 Winner: Shively. Lower property taxes and HOA fees help Shively come out ahead.
5. Cost Summary Table
| Category | Shively | Lexington |
|---|---|---|
| Housing (3BR) | $1,200 | $1,800 |
| Utilities | $200 | $225 |
| Groceries | $400 | $425 |
| Transportation | $300 | $325 |
| Taxes & Fees | $325 | $400 |
| Misc Expenses | $500 | $600 |
| Estimated Monthly Total | $2,925 | $3,775 |
6. Lifestyle Fit
While Shively offers savings, Lexington provides more urban amenities, dining options, and a slightly shorter average commute (22 min vs 26 min). Lexington also has more public transportation.
However, Shively tends to be quieter and more spacious, with larger yards and easier parking. Homes in Shively average 500 sq ft larger than in Lexington.
7. FAQ
Q: Is Shively more affordable than Lexington?
A: Yes, Shively is about 20% cheaper than Lexington overall, with lower costs for housing, groceries, utilities, and taxes.
Q: Which city has lower rent?
A: Shively has significantly lower rent, with prices around 30% less than Lexington for a comparable apartment.
Q: Where is it cheaper to buy a home?
A: Shively. The median home price in Shively is about $100,000 less than in Lexington.
8. Conclusion
While both cities have their merits, Shively comes out ahead in this cost of living comparison. Shively is ideal for those seeking an affordable, family-friendly suburb with more space and easy access to Louisville.
However, those who prefer a walkable urban lifestyle with more dining and entertainment options may prefer Lexington despite the higher cost of living. As always, the right fit depends on your budget, lifestyle, and priorities.
For more insights, check out these Monthly Budget Examples for Shively Residents or this full Cost of Living in Shively (2025 Guide).