Zip 45345 (New Lebanon, OH) Cost of Living


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United States / Ohio / No Metro Area / Montgomery County / New Lebanon / New Lebanon (zip 45345)
How much do I need to live in New Lebanon, Ohio?
$2,340 / month
for a family, 56.7% less expensive than the national average A total of $28,080 for the year for a family.
$2,200 / month
for a single person, 53.8% less expensive than the national average A total of $26,400 for the year for a single person.

New Lebanon cost of living score
79.8
Less expensive
20.2% lower
than the US average
3.5% lower
than the Ohio average
New Lebanon (zip 45345), Ohio gets a BestPlaces Cost of Living score of 79.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.2% lower than the U.S. average and 3.5% higher than the average for Ohio.

Zip 45345 (New Lebanon, OH)

Housing costs in New Lebanon?
A typical home costs $146,300, which is 56.7% less expensive than the national average of $338,100 and 25.7% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in New Lebanon costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $980.

Can I afford New Lebanon?
To live comfortably in New Lebanon (zip 45345), Ohio, a minimum annual income of $28,080 for a family, and $26,400 for a single person is recommended.

What does A.I. say about New Lebanon?
The cost of living in 45345 New Lebanon, OH is relatively low compared to other parts of the state. The median home cost in this area is just over $80,000, which is much lower than the Ohio median of around $140,000. Furthermore, utility costs and grocery prices are also quite reasonable. In addition, there are plenty of jobs and shopping opportunities nearby for residents to take advantage of. All in all, 45345 New Lebanon is a great place to live for those looking for a low-cost lifestyle without compromising on convenience or quality.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew LebanonOhioUnited States
    Unlock82.7100.0
  94.5  Unlock100.0
    Unlock88.7100.0
  42.5  Unlock100.0
    Unlock$197,000$338,100
  105.6  Unlock100.0
    Unlock83.9100.0
  106.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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