Lebanon, OH Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Lebanon, OH 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 Ohio, 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 95, with 100 being the average.

  • The cost of living index in Lebanon is 0.9x lower than the national average.

  • Lebanon ranks as the #200 cheapest in Ohio out of 286.

  • Lebanon ranks as the #2,449 cheapest out of 6,412 in the US.

  • The median home value in Lebanon is $212,000.

  • The median income in Lebanon is $70,329.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
95
Lebanon's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Lebanon, OH?

According to the most recent data on the cost of living, Lebanon has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.

Compared to Ohio, Lebanon has a cost of living index that's 1.0x higher than Ohio's index of 91.

The standard of living in Lebanon ranks as #200 most affordable out of the 286 places we measured in Ohio. By definition, that implies Lebanon ranks as the #86 most expensive place in the Buckeye State.

For more reading on life in Lebanon, check out:

200 out of 286
In Ohio
2,449 out of 6,412
In America

Lebanon Cost Of Living Vs. Ohio

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 101.

  • The Groceries index in Lebanon is 94.

  • The Health index in Lebanon is 84.

  • The Housing index in Lebanon is 89.

  • The Transportation index in Lebanon is 100.

  • The Utilities index in Lebanon is 95.

Living Expense Lebanon Ohio National Average
Overall 95 91 100
Services 101 98 100
Groceries 94 101 100
Health 84 95 100
Housing 89 73 100
Transportation 100 98 100
Utilities 95 93 100
For more reading on cost of living around Ohio, check out:
Lebanon Cost of Living Vs. OH

Lebanon, OH Housing Cost Breakdown

Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Lebanon is $212,000.

  • The Median Rent in Lebanon is $926.

  • The Median Income in Lebanon is $70,329.

  • The Home Value To Income in Lebanon is 3.0x.

  • The Rent To Monthly Income in Lebanon is 0.16x.

Statistic Lebanon Ohio United States
Median Home Value $212,000 $159,900 $244,900
Median Rent $926 $870 $1,163
Median Income $70,329 $61,938 $69,021
Home Value To Income 3.0x 2.6x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x
Search Homes For Sale In Lebanon, OH
$212,000
Median Home Value
$926
Median Rent
$70,329
Median Income

Lebanon, OH Costs By Category

Detailed Lebanon Services Costs Vs. Ohio

Item Lebanon Ohio
Shampoo $0.91 $1.06
Movie $13.67 $10.68
Bowling $15.0 $14.67
Haircut $21.47 $18.62
Beauty Salon $35.68 $39.05

Detailed Lebanon Groceries Costs Vs. Ohio

Item Lebanon Ohio
Ground Beef $4.23 $4.22
Fried Chicken $1.59 $1.39
Milk $1.43 $2.05
Potatoes $3.26 $3.29
Pizza $10.28 $10.62
Beer $9.24 $9.38
Toothpaste $3.1 $2.34

Detailed Lebanon Health Costs Vs. Ohio

Item Lebanon Ohio
Optometrist $92.21 $108.57
Doctor $90.53 $116.17
Dentist $84.64 $99.13

Detailed Lebanon Transportation Costs Vs. Ohio

Item Lebanon Ohio
Gasoline $2.21 $2.22
Tire Balancing $48.01 $50.07

Detailed Lebanon Utilities Costs Vs. Ohio

Item Lebanon Ohio
All Electricity $150.32 $167.67
Phone $179.85 $175.64

Lebanon SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
5
Safety
8
Amenities
8.5
Education
8
Commute
8

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:

  • Mason, OH has a cost of living index of 104, 1.1x Lebanon.

  • Springboro, OH has a cost of living index of 101, 1.1x Lebanon.

  • Monroe, OH has a cost of living index of 99, 1.0x Lebanon.

City Population Cost Of Living Vs. Lebanon
Mason, OH 34,337 104 1.1x
Springboro, OH 18,831 101 1.1x
Monroe, OH 15,560 99 1.0x
Blue Ash, OH 13,229 103 1.1x
Montgomery, OH 10,796 115 1.2x
Madeira, OH 9,397 110 1.2x
Wyoming, OH 8,691 112 1.2x
Kenwood, OH 8,143 114 1.2x
Landen, OH 7,605 100 1.1x
Bellbrook, OH 7,266 97 1.0x

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