Housing costs in Lebanon?
A typical home costs
$71,900, which is 78.7% less expensive than the national average of
$338,100 and 73.2% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Lebanon costs
$760 per month, which is 46.9% cheaper than the national average of
$1,430 and 19.7% cheaper than the state average of
$910.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 57455), South Dakota, a minimum annual income of
$13,680 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in the 57455 zip code in Lebanon, South Dakota is quite reasonable. According to the latest data available from Best Places, the overall cost of living index is 81.5 which is 19.5% lower than the national average. This includes a low housing cost index of 68 and relatively low transportation costs with an index of 87. Additionally, grocery costs are 5% lower than the national average with an index of 95. Overall, Lebanon provides a reasonably priced place to live for both families and individuals alike.