Lebanon, KY Cost Of Living

The latest cost of living statistics for Lebanon. Includes statistics on rent, mortgages, healthcare, and other costs for Lebanon compared to the state and national averages.

Cost of living in Lebanon, Kentucky

Cost of living in Lebanon research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Lebanon is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Kentucky, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

86 Cost of living index 0.9x lower vs US
#9 Cheapest in Kentucky (of 85)
#476 Cheapest in the U.S. (of 6,489)
$227,854 Median home value
$701 Median rent
$45,479 Median income
Not sure Lebanon fits your budget? Try our place-match quiz →

What is the cost of living in Lebanon, KY?

According to the most recent data on the cost of living, Lebanon has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.

Compared to Kentucky, Lebanon has a cost of living index that's 1.0x lower than Kentucky's index of 89.

The standard of living in Lebanon ranks as #9 most affordable out of the 85 places we measured in Kentucky. By definition, that implies Lebanon ranks as the #76 most expensive place in the Bluegrass State.

For more reading on life in Lebanon, check out:

Lebanon Cost Of Living Vs. Kentucky

Six factors go into calculating the cost of living index in Lebanon. Here is how it fares on each of the criteria:

  • The Services index in Lebanon is 100.

  • The Groceries index in Lebanon is 98.

  • The Health index in Lebanon is 59.

  • The Housing index in Lebanon is 99.

  • The Transportation index in Lebanon is 93.

  • The Utilities index in Lebanon is 99.

Living Expense Lebanon Kentucky National Average
Overall 86 89 100
Services 100 100 100
Groceries 98 98 100
Health 59 68 100
Housing 99 98 100
Transportation 93 95 100
Utilities 99 96 100

Lebanon Cost Of Living Compared To Kentucky Averages

Services
Lebanon 100
Kentucky avg 100
Groceries
Lebanon 98
Kentucky avg 98
Health
Lebanon 59
Kentucky avg 68
Housing
Lebanon 99
Kentucky avg 98
Transportation
Lebanon 93
Kentucky avg 95
Utilities
Lebanon 99
Kentucky avg 96

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Kentucky, check out:

Protect your home budget Compare home warranties in Lebanon Get matched →

Source: Cost-of-living index 2026, normalized to US average = 100

Lebanon, KY Housing Cost Breakdown

$227,854Median Home Value
$701Median Rent
$45,479Median Income

Housing swings affordability the most between places in Kentucky, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Lebanon is $227,854.

  • The Median Rent in Lebanon is $701.

  • The Median Income in Lebanon is $45,479.

  • The Home Value To Income in Lebanon is 5.0x.

  • The Rent To Monthly Income in Lebanon is 0.18x.

Statistic Lebanon Kentucky United States
Median Home Value $227,854 $231,894 $332,700
Median Rent $701 $967 $1,413
Median Income $45,479 $63,726 $80,734
Home Value To Income 5.0x 3.6x 4.1x
Rent To Monthly Income 0.18x 0.18x 0.21x

Lebanon, KY Costs By Category

Detailed Lebanon Services costs vs. Kentucky
Item Lebanon Kentucky
Shampoo $1.21 $1.28
Movie $13.05 $12.13
Bowling $21.91 $18
Haircut $26.5 $24.26
Beauty Salon $53.07 $45.56
Detailed Lebanon Groceries costs vs. Kentucky
Item Lebanon Kentucky
Ground Beef $6.07 $5.84
Fried Chicken $1.4 $1.57
Milk $4.72 $4.67
Potatoes $5.19 $4.93
Pizza $10.35 $12.09
Beer $9.84 $10.41
Toothpaste $3.5 $3.7
Detailed Lebanon Health costs vs. Kentucky
Item Lebanon Kentucky
Optometrist $87.52 $125.68
Doctor $106.15 $135.78
Dentist $102.55 $113.29
Detailed Lebanon Transportation costs vs. Kentucky
Item Lebanon Kentucky
Gasoline $3.11 $3.46
Tire Balancing $58.38 $59.92
Detailed Lebanon Utilities costs vs. Kentucky
Item Lebanon Kentucky
All Electricity $207.41 $193.99
Phone $192.46 $192.25

Lebanon SnackAbility

5Overall SnackAbility
Jobs 3/10
Housing 4/10
Affordability 5/10
Diversity 8/10
Safety 8/10
Amenities 8/10
Education 4/10
Commute 10/10

Cost Of Living In Cities Around Lebanon

The cost of living varies in the cities and towns around Lebanon. Here's a quick look at the cost of living in the most populous nearby places:

  • Nicholasville, KY has a cost of living index of 91, 1.1x Lebanon.

  • Jeffersontown, KY has a cost of living index of 101, 1.2x Lebanon.

  • Frankfort, KY has a cost of living index of 91, 1.1x Lebanon.

City Population Cost Of Living Vs. Lebanon
Nicholasville, KY 32,197 91 1.1x
Jeffersontown, KY 29,199 101 1.2x
Frankfort, KY 28,503 91 1.1x
Shelbyville, KY 17,668 99 1.2x
Campbellsville, KY 11,622 90 1.0x
Versailles, KY 10,492 93 1.1x
Middletown, KY 9,763 108 1.3x
Fort Knox, KY 8,836 99 1.2x
Vine Grove, KY 6,830 99 1.2x
Douglass Hills, KY 5,474 107 1.2x