Housing costs in Lebanon?
A typical home costs
$181,800, which is 46.2% less expensive than the national average of
$338,100 and 14.4% less expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lebanon costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 21.8% cheaper than the state average of
$950.
Can I afford Lebanon?
To live comfortably in Lebanon, Missouri, a minimum annual income of
$34,920 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, MO is quite reasonable. The median household income is $43,902 and the median home value is $158,000. Additionally, the average yearly costs for utilities are only about $1030. Groceries and restaurant prices remain at a stable level compared to other cities in the area. Property taxes are also relatively low at an average rate of 1.30%, making Lebanon an attractive option for those looking to save money while still enjoying a comfortable lifestyle in Missouri’s Ozarks region.