Housing costs in Lebanon?
A typical home costs
$226,300, which is 33.1% less expensive than the national average of
$338,100 and 2.1% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Lebanon costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 11.4% cheaper than the state average of
$980.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 46052), Indiana, a minimum annual income of
$43,200 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in Lebanon, IN (46052) is quite reasonable. The median home cost in the area is $127,900 and rent averages at about $840 per month. Additionally, goods and services in the area are generally inexpensive; groceries are around 8% lower than the national average and utilities are 4% lower than the national average. Overall, Lebanon is a great place to live with a low cost of living that makes it an attractive option for those looking for a good life balance on a tight budget.