Housing costs in Lebanon?
A typical home costs
$44,000, which is 87.0% less expensive than the national average of
$338,100 and 83.6% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lebanon costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 24.7% cheaper than the state average of
$910.
Can I afford Lebanon?
To live comfortably in Lebanon, South Dakota, a minimum annual income of
$8,280 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, SD is reasonably affordable compared to other cities in the United States. The median home value in Lebanon is around $108,500, which is significantly lower than the nationwide median home value of $182,500. Meanwhile, the median household income in Lebanon is roughly $48,000 compared to a national average of around $55,000. With a low cost of living and ample job opportunities available in this small town, Lebanon can provide an attractive place to live for those looking for an affordable yet comfortable lifestyle.