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 91, reflecting a 9% lower cost compared to the national average. This makes Lebanon an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality of living.
The cost of living in Lebanon, IL, presents a unique picture when compared to the nationwide average. Housing costs in Lebanon stand at 85, which is 15% below the national average of 100. This suggests that residents may find housing more affordable than in many other parts of the country. Groceries, another essential expense, are priced at 95 in Lebanon, which is 5% above the national average. This indicates that while groceries are slightly more expensive, they are still relatively close to the average.
Utilities in Lebanon are at 90, which is 10% below the national average. This means that residents can expect to pay less for utilities compared to the average American. Transportation costs are slightly higher, at 92, which is 2% above the national average. Healthcare costs in Lebanon are notably higher, with an index of 97, which is 7% above the average. Miscellaneous costs are at 88, which is 12% below the national average, offering some relief in other spending areas. Overall, Lebanon presents a balanced cost of living with some areas being more affordable and others slightly higher than the national average.