Lebanon, NH Cost Of Living
Cost Of Living In Lebanon, NH Summary
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 New Hampshire, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Lebanon is 121, with 100 being the average.
The cost of living index in Lebanon is 1.2x higher than the national average.
Lebanon ranks as the #14 cheapest in New Hampshire out of 26.
Lebanon ranks as the #4,476 cheapest out of 6,489 in the US.
The median home value in Lebanon is $456,989.
The median income in Lebanon is $92,288.
Table Of Contents
Lebanon's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lebanon, NH?
According to the most recent data on the cost of living, Lebanon has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to New Hampshire, Lebanon has a cost of living index that's 1.0x higher than New Hampshire's index of 116.
The standard of living in Lebanon ranks as #14 most affordable out of the 26 places we measured in New Hampshire. By definition, that implies Lebanon ranks as the #12 most expensive place in the Granite State.
For more reading on life in Lebanon, check out:
In New Hampshire
In America
Lebanon Cost Of Living Vs. New Hampshire
Six factors go into calculating the cost of living index in Lebanon. Here is how it fairs on each of the criteria:
The Services index in Lebanon is 118.
The Groceries index in Lebanon is 103.
The Health index in Lebanon is 114.
The Housing index in Lebanon is 140.
The Transportation index in Lebanon is 110.
The Utilities index in Lebanon is 133.
| Living Expense | Lebanon | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 121 | 116 | 100 | |
| Services | 118 | 118 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 114 | 114 | 100 | |
| Housing | 140 | 122 | 100 | |
| Transportation | 110 | 110 | 100 | |
| Utilities | 133 | 132 | 100 | |
Lebanon, NH Housing Cost Breakdown
Housing swings affordability the most between places in New Hampshire, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Lebanon is $456,989.
The Median Rent in Lebanon is $1,732.
The Median Income in Lebanon is $92,288.
The Home Value To Income in Lebanon is 5.0x.
The Rent To Monthly Income in Lebanon is 0.23x.
| Statistic | Lebanon | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $456,989 | $501,649 | $303,400 |
| Median Rent | $1,732 | $1,423 | $1,348 |
| Median Income | $92,288 | $95,628 | $78,538 |
| Home Value To Income | 5.0x | 5.2x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Lebanon, NH Costs By Category
Detailed Lebanon Services Costs Vs. New Hampshire
| Item | Lebanon | New Hampshire |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Lebanon Groceries Costs Vs. New Hampshire
| Item | Lebanon | New Hampshire |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Lebanon Health Costs Vs. New Hampshire
| Item | Lebanon | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Lebanon Transportation Costs Vs. New Hampshire
| Item | Lebanon | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Lebanon Utilities Costs Vs. New Hampshire
| Item | Lebanon | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Lebanon SnackAbility
/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:
Keene, NH has a cost of living index of 110, 0.9x Lebanon.
Hanover, NH has a cost of living index of 155, 1.3x Lebanon.
Montpelier, VT has a cost of living index of 117, 1.0x Lebanon.
| City | Population | Cost Of Living | Vs. Lebanon |
|---|---|---|---|
| Keene, NH | 22,923 | 110 | 0.9x |
| Hanover, NH | 8,520 | 155 | 1.3x |
| Montpelier, VT | 8,038 | 117 | 1.0x |
