Housing costs in Lebanon?
A typical home costs
$321,000, which is 5.1% less expensive than the national average of
$338,100 and 11.4% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Lebanon costs
$1,510 per month, which is 5.6% more than the national average of
$1,430 and 9.9% cheaper than the state average of
$1,660.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 06249), Connecticut, a minimum annual income of
$61,560 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in 06249 Lebanon, CT is slightly higher than the national average. Housing prices range from around $100,000 for smaller homes to more than $400,000 for larger homes. Groceries and other goods are also priced a bit higher than the national average. Utilities such as electricity and water can be expensive depending on the size of your home and family. Transportation costs are typical to other areas with gas prices slightly higher than some surrounding towns but still below the national average. Overall, while living in 06249 Lebanon, CT is not necessarily inexpensive, it is affordable and you can find good value when making purchases.