Housing costs in Lebanon?
A typical home costs
$217,000, which is 35.8% less expensive than the national average of
$338,100 and 10.6% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lebanon costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$1,210.
Can I afford Lebanon?
To live comfortably in Lebanon, Pennsylvania, a minimum annual income of
$41,400 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, PA is fairly reasonable. According to BestPlaces's Cost of Living Index, the estimated monthly cost of living for a single person in Lebanon, PA is around $1,311. This figure includes rent and other basic expenses like food & transportation. The average rent for a one-bedroom apartment in the city center is about $637 a month; outside the center it’s much cheaper at around $470. If you’re looking for more affordable housing options such as duplexes or condos, these can also be found within the downtown area. On top of this, there are plenty of grocery stores and restaurants that have prices that won’t break the bank. In general, living in Lebanon, PA provides a great balance between value and quality of life.