Housing costs in Lebanon?
A typical home costs
$252,000, which is 25.5% less expensive than the national average of
$338,100 and 3.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lebanon costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and 11.0% cheaper than the state average of
$1,210.
Can I afford Lebanon?
To live comfortably in Lebanon Pennsylva County, Pennsylvania, a minimum annual income of
$48,240 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Lebanon?
Living in Lebanon, PA County offers a cost of living that is significantly lower than the national average. According to data from the US Department of Labor, the cost of living here is 90.2 compared to the average of 100 for the rest of the country. This makes Lebanon a desirable place to live, as residents can enjoy significantly lower costs for things like groceries and other everyday items. Additionally, Lebanon also has a median house value of $252,000 which is substantially lower than the national average of $338,100. This provides potential home buyers with an affordable option when looking for property in this area. With its lower cost of living and competitive house values, Lebanon is an attractive option for those looking for a new home or place to relocate.