Housing costs in Lebanon?
A typical home costs
$103,400, which is 69.4% less expensive than the national average of
$338,100 and 40.8% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Lebanon costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 27.4% cheaper than the state average of
$930.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 73440), Oklahoma, a minimum annual income of
$19,800 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in 73440 Lebanon, OK is quite reasonable for a rural area. The median home value in the area is around $71,000, which is significantly lower than the national average of $184,700. In terms of taxes, residents can expect to pay 8.60% in state income tax and 3.00% for sales and use taxes. Property taxes are also relatively low with an effective rate of 0.79%. Groceries and utilities are also at reasonable rates due to the lower cost of living index. All in all, Lebanon, OK offers a high quality of life at an affordable cost.