Housing costs in Lebanon?
A typical home costs
$417,300, which is 23.4% more expensive than the national average of
$338,100 and 50.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lebanon costs
$1,170 per month, which is 9.3% more than the national average of
$1,070 and 17.9% cheaper than the state average of
$1,380.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 37087), Tennessee, a minimum annual income of
$79,920 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in 37087 Lebanon, TN is surprisingly low. According to Best Places, the cost of living index for the area is 84.2 where 100 is the national average. This means that 37087 has a cost of living that is 15.8% lower than the national average. The median home price in 37087 is $160,000 and the median rent price comes in at just under $900 per month. Additionally, groceries and transportation are all lower than the national averages, making this a very affordable place to live.