Lebanon, IL, has a cost of living index that is slightly below the nationwide average of 100. The overall cost of living index for Lebanon stands at 93, reflecting a 7% decrease from the national average. This indicates that residents in Lebanon can expect to pay less for their housing, utilities, transportation, and miscellaneous expenses compared to the average American. Groceries and healthcare costs in Lebanon are slightly above average, with indices of 94 and 97, respectively.
The cost of living in Lebanon, Illinois, is slightly below the nationwide average, which is set at 100. Specifically, the housing index in Lebanon stands at 88, indicating that housing costs are 12% lower than the national average. This makes Lebanon an attractive option for those looking to save on housing expenses without sacrificing too much in terms of living standards.
In other areas, Lebanon also shows competitive costs. For groceries, the index is 94, which is 6% lower than the average. Utilities cost 95, which is just 5% below the national average. Transportation costs are at 93, which is 7% lower. Healthcare costs are slightly higher, with an index of 97, meaning they are 3% above the average. Miscellaneous costs are at 92, which is 8% below the national average. Overall, Lebanon offers a cost of living that is generally favorable for those seeking to manage their expenses effectively.
