Housing costs in New Lebanon?
A typical home costs
$139,200, which is 58.8% less expensive than the national average of
$338,100 and 29.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in New Lebanon costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford New Lebanon?
To live comfortably in New Lebanon, Ohio, a minimum annual income of
$26,640 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about New Lebanon?
The cost of living in New Lebanon, OH is quite affordable. The median home price in the area is just over $90,000, making it an attractive option for those looking to buy a first home or move to a new area. Additionally, the average rent for a two-bedroom apartment is around $750 per month, making it an affordable choice for renters. The local grocery stores offer competitive prices on groceries and other household items, allowing residents to get great deals on the essentials they need. Overall, living in New Lebanon is an economical and pleasant experience.