Lexington vs Syracuse for Families (2026)

2BR Rent / month
$1,750
Lexington
$1,600
Syracuse
Median Home Price
$270K
Lexington
$195K
Syracuse
Household Income / yr
$56K
Lexington
$50K
Syracuse
State Income Tax
4%
Lexington
6.9%
Syracuse

Scroll down for childcare estimates, home price-to-income ratios, and FAQ.

Full family cost breakdown

Metric
Lexington
Kentucky
Syracuse
New York
Studio rent / month$1,100$950Better
2BR rent / month$1,750$1,600Better
Median home price$270K$195KBetter
Median household income$56KBetter$50K
Est. childcare / month$1,157$1,144Better
State income tax4%Better6.9%
Sales tax (combined)6%Better8%
Monthly utilities$158Better$180
Groceries index (US = 100)96Better99

Frequently asked questions

Which city is better for raising a family — Lexington or Syracuse?

Lexington and Syracuse are closely matched for families overall. Housing costs, income levels, and taxes are comparable. Your specific priorities — school quality, commute, outdoor space — should drive the decision.

What is the average 2-bedroom rent in Lexington vs Syracuse?

As of Q1 2026, median 2BR rent is $1,750/month in Lexington and $1,600/month in Syracuse. Syracuse is 9% cheaper for a family-sized apartment.

Can a family afford to buy a home in Lexington or Syracuse?

The price-to-income ratio in Lexington is 4.8× ($270K median home, $56K median income). In Syracuse it's 3.9× ($195K home, $50K income). A ratio below 3× is generally considered affordable — Syracuse is more achievable for first-time family homebuyers.

How much does childcare cost in Lexington vs Syracuse?

Estimated infant/toddler childcare runs approximately $1,157/month in Lexington and $1,144/month in Syracuse, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$156/year.

Which city has lower taxes for families?

Lexington has a 4% state income tax rate vs Syracuse's 6.9% rate. For a dual-income family earning $120K combined, that difference is roughly $290/month in take-home pay.

Salary equivalent

$100K in Lexington has the same purchasing power as $99K in Syracuse

Related comparisons

Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026