| Index | Lebanon | Ohio | National |
| Cost of living | 97 | 89 | 100 |
| Groceries | 99 | 97 | 100 |
| Health care | 98 | 96 | 100 |
| Housing | 100 | 74 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 93 | 96 | 100 |
| Lifestyle & Entertainment | 93 | 95 | 100 |
| Household Items | 99 | 97 | 100 |
| Education & Childcare | 92 | 93 | 100 |
The cost of living in Lebanon affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Lebanon is 97, which is 3% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
The cost of living in Lebanon aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Lebanon residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Is Lebanon affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Lebanon, the median home price is 4.7% higher than the national average and monthly rent prices are 10.9% lower than the typical rates. Additionally, the median income levels play a role in affordability, with Lebanon boasting a median household income of $97,058, 19.3% higher than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Lebanon, the housing index is 0% equal to the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Lebanon, healthcare costs are 2.2% lower than the national average.
Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Lebanon, the utilities index stands at 7.2% lower than the national average.
The Lebanon cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $124,607 | $10,384 | $2,907 | $3,739 |
| Renters | $61,268 | $5,106 | $1,429 | $1,838 |
| State | General Sales Tax | With Max Surtax |
| Ohio | 5.75% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Ohio | 2.76% | 3.99% |
| City | Population | Cost of Living Index | National Avg. |
| Centerville village, OH | 70 | 78 | 21.7% |
| Dillonvale village, OH | 667 | 80 | 20.2% |
| Arlington Heights, OH | 855 | 82 | 18.1% |
| Lincoln Heights, OH | 3,478 | 82 | 17.9% |
| Lockland, OH | 3,576 | 83 | 17.0% |
| Lebanon, OH | 21,351 | 97 | 2.8% |
| City | Population | Cost of Living Index | National Avg. |
| South El Monte, CA | 21,353 | 148 | 47.7% |
| Lynn Haven, FL | 21,344 | 110 | 9.9% |
| East Moline, IL | 21,358 | 90 | 10.3% |
| Dickinson, TX | 21,358 | 99 | 0.8% |
| Sidney, OH | 21,359 | 87 | 12.6% |
| Lebanon, OH | 21,351 | 97 | 2.8% |
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