Lebanon, IN Cost of Living


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Lebanon cost of living score
100.9
More expensive
0.9% higher
than the US average
20.5% higher
than the Indiana average
Lebanon, Indiana gets a BestPlaces Cost of Living score of 100.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 0.9% higher than the U.S. average and 20.5% higher than the average for Indiana.

Lebanon, IN

Housing costs in Lebanon?
A typical home costs $239,100, which is 29.3% less expensive than the national average of $338,100 and 7.9% more expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Lebanon costs $920 per month, which is 35.7% cheaper than the national average of $1,430 and 6.5% cheaper than the state average of $980.

Can I afford Lebanon?
To live comfortably in Lebanon, Indiana, a minimum annual income of $45,720 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Lebanon?
The cost of living in Lebanon, IN is quite affordable compared to other parts of the country. According to recent studies, the overall cost of living index in Lebanon is 85.2, which is lower than the U.S. average of 100. Housing prices are also much lower than other areas; the median home value is only $125,200, which makes it one of the most affordable cities in Indiana. Additionally, transportation costs are low as well due to its proximity to larger cities such as Indianapolis and Cincinnati; commuting to work can be done efficiently and quickly without breaking the bank. All these factors combined make Lebanon an attractive option for those looking for a relatively low cost of living.
   Cost of living score
     CategoriesLebanonIndianaUnited States
  100.983.7100.0
  94.392.9100
  100.494.4100.0
  56.763.8100.0
  $239,100$221,600$338,100
  96.9%97.2%100.0%
  87.385.4100.0
  115.9102.0100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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