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Lexington, MA Utility & Living Guide
Lexington is a suburban town in Middlesex County, Massachusetts, United States, located 10 miles (16 km) from Downtown Boston. The population was 34,454 as of the 2020 census. The area was originally inhabited by Native Americans, and was first settled by Europeans c. 1642 as a farming community. Le
Monthly Utility Costs
$150/mo
$80/mo
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1800/mo |
| 2 Bedrooms | $2200/mo |
| 3 Bedrooms | $2800/mo |
| Median Home Price | $830,000 |
| Property Tax Rate | 1.23% |
| Avg Childcare/mo | $1200 |
The housing market in Lexington is highly competitive, with a mix of historic homes and new construction. Prices are relatively high due to the town’s excellent schools and proximity to Boston. Rentals are also in high demand, particularly among young professionals and families
Cost of Living
146
+46% above national average
120
110
105
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6.25% |
| Property Tax Rate | 1.23% |
| <p>State 5.2% + No County tax + Local 1.05% option available but not applicable here</p> | |
Massachusetts has a flat state income tax rate of 5.2%, with some deductions and exemptions available
Family & Relocation
70
9/10
$1200/mo
City Pulse
Lexington has a relatively stroller-friendly public transit system, with accessible buses and a commuter rail line into Boston
- Lexington Battle Green
- Walden Pond
- Museum of Science
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Lexington based on your household profile.
📰 Live Local News
Lexington has regulations regarding historic preservation, zoning, and environmental protection
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
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📊 Lexington — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Lexington fluctuate by season, with higher electricity bills in the summer due to air conditioning and higher gas bills in the winter for heating. Residents can expect to pay around 20-30% more for utilities during these peak months
🏛️ Local Tax Details
The ZIP code 02420 has a property tax rate of 1.23%, with no local surtaxes
👶 Family & Stroller Friendliness
8/10, with wide sidewalks, accessible parks, and relatively flat terrain, making it easy to navigate with a stroller
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