Lebanon cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8488100
Goods & Services index10195100
Groceries index9696100
Health care index9495100
Housing index5670100
Transportation index9597100
Utilities index8092100
Displayed above is a general overview of the Lebanon, KY cost of living index. The overall cost of living index in Lebanon, KY is 84, which is 5% lower than the Kentucky average and 16% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Lebanon, KY are 6% higher than the Kentucky average and 1% higher than the national average.

Did you know?

  • The cost of living in Lebanon is 5% lower than the Kentucky average.
  • The cost of living in Lebanon is 16% lower than the national average.
  • The cost of housing in Lebanon is 44% lower than the national average.
  • Kentucky general sales tax is 18% higher than the national average.
  • Kentucky state income tax is 10% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Lebanon, KY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Lebanon, KY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Lebanon, KY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Lebanon, KY, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Lebanon, KY has a median income of about $39,458 for people who own homes. Based on that number, a person should spend a maximum of $921 on expenses related to housing. Renters have a slightly different median income, which is $17,178. Based on this average, renters should spend no more than $401 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Kentucky Sales Tax

StateGeneral Sales TaxWith Max Surtax

Kentucky Income Tax

StateIncome Tax (Low)Income Tax (High)
When considering the overall cost of living expenses in Lebanon, KY, it's important to take into account the sales tax for Kentucky, as well as the rate for income tax in Kentucky. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Kentucky is 6%, and the sales tax in the state of Kentucky is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Kentucky starts from 2% and goes up to 6%.

Goods & Services

ItemLebanonNational avg.Difference
Haircut $15.20$14.594.2%
Beauty Salon $43.80$34.6826.3%
Toothpaste $2.09$2.4715.5%
Shampoo $0.87$1.0214.9%
Movie $8.10$9.8717.9%
Bowling $4.15$4.395.5%


ItemLebanonNational avg.Difference
Ground Beef $5.13$4.4814.6%
Fried Chicken $1.60$1.469.3%
Milk $2.44$2.363.5%
Potatoes $2.52$3.0617.7%
Pizza $9.10$9.241.5%
Beer $8.11$8.636.1%

Health Care

ItemLebanonNational avg.Difference
Optometrist $77.80$99.7822.0%
Doctor $93.67$105.0310.8%
Dentist $81.75$88.707.8%
Ibuprofen $8.13$9.4113.6%
Lipitor $319.69$298.507.1%


ItemLebanonNational avg.Difference
Home Price $96,600.00$175,700.0045.0%
Avg. Mortgage Payment $725.81$1,081.0332.9%
Apartment Rent $522.00$920.0043.3%


ItemLebanonNational avg.Difference
Gasoline $2.06$2.091.4%
Tire Balancing $37.95$45.2916.2%


ItemLebanonNational avg.Difference
All Electricity$142.30$170.8016.7%
Phone $21.09$28.2625.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Bradfordsville, KY38879-21%
Mackville, KY19982-18%
Springfield, KY2,57882-18%
New Hope, KY21385-15%
Raywick, KY28187-13%
Lebanon, KY5,59484-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Lake Montezuma, AZ5,59489-11%
Snowflake, AZ5,59591-9%
Nelsonville, OH5,59680-20%
Saranap, CA5,59118080%
Wellston, OH5,59080-20%
Lebanon, KY5,59484-16%
Source: The Lebanon, KY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.