Housing costs in Lebanon?
A typical home costs
$317,300, which is 6.2% less expensive than the national average of
$338,100 and 61.1% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Lebanon costs
$1,100 per month, which is 23.1% cheaper than the national average of
$1,430 and 10.9% more than the state average of
$980.
Can I afford Lebanon?
To live comfortably in Lebanon, Ohio, a minimum annual income of
$60,840 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, OH is relatively affordable compared to most other parts of the country. The median home value in Lebanon is $170,000, which makes it slightly more expensive than the Ohio state average. However, the median household income is also higher than the state average meaning that many families are able to comfortably afford a home in Lebanon. The overall cost of living is lower than the state and national averages, making it an attractive place for those looking to find a balance between affordability and quality of life. Moreover, there are also plenty of entertainment options in Lebanon, including several museums and cultural centers.