Housing costs in Lebanon?
A typical home costs
$364,000, which is 7.7% more expensive than the national average of
$338,100 and 22.3% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Lebanon costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 22.6% cheaper than the state average of
$1,520.
Can I afford Lebanon?
To live comfortably in Lebanon, Oregon, a minimum annual income of
$69,840 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, OR is relatively low compared to the rest of the country. The median home price in Lebanon is approximately $190,000, which is significantly lower than the national average. Additionally, utilities like electricity and water are fairly affordable. Groceries and other items are similarly priced to many similar-sized cities around the country. Overall, living in Lebanon provides the opportunity for a good quality of life at an affordable cost.