Housing costs in Lebanon?
A typical home costs
$158,000, which is 53.3% less expensive than the national average of
$338,100 and 54.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lebanon costs
$800 per month, which is 44.1% cheaper than the national average of
$1,430 and 75.0% cheaper than the state average of
$1,400.
Can I afford Lebanon?
To live comfortably in Lebanon (zip 24266), Virginia, a minimum annual income of
$30,240 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Lebanon?
The cost of living in 24266 Lebanon, VA is fairly reasonable. Housing costs are lower than the national average, with a median home value of $87,000 – significantly lower than the national median home value of $231,200. Additionally, overall living costs are 8% lower than the US average and groceries are 6% lower. These factors make Lebanon an attractive option for those looking to save money on their everyday expenses while still enjoying all that the city has to offer.