Lebanon, MO Cost Of Living

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

Cost Of Living In Lebanon, MO 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 Missouri, 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 83, with 100 being the average.

  • The cost of living index in Lebanon is 0.8x lower than the national average.

  • Lebanon ranks as the #24 cheapest in Missouri out of 143.

  • Lebanon ranks as the #491 cheapest out of 6,412 in the US.

  • The median home value in Lebanon is $110,000.

  • The median income in Lebanon is $40,885.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
83
Lebanon's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Lebanon, MO?

According to the most recent data on the cost of living, Lebanon has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.

Compared to Missouri, Lebanon has a cost of living index that's 0.9x lower than Missouri's index of 89.

The standard of living in Lebanon ranks as #24 most affordable out of the 143 places we measured in Missouri. By definition, that implies Lebanon ranks as the #119 most expensive place in the Show Me State.

For more reading on life in Lebanon, check out:

24 out of 143
In Missouri
491 out of 6,412
In America

Lebanon Cost Of Living Vs. Missouri

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 97.

  • The Groceries index in Lebanon is 103.

  • The Health index in Lebanon is 102.

  • The Housing index in Lebanon is 54.

  • The Transportation index in Lebanon is 90.

  • The Utilities index in Lebanon is 85.

Living Expense Lebanon Missouri National Average
Overall 83 89 100
Services 97 92 100
Groceries 103 96 100
Health 102 88 100
Housing 54 79 100
Transportation 90 95 100
Utilities 85 95 100
For more reading on cost of living around Missouri, check out:
Lebanon Cost of Living Vs. MO

Lebanon, MO Housing Cost Breakdown

Housing swings affordability the most between places in Missouri, 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 $110,000.

  • The Median Rent in Lebanon is $721.

  • The Median Income in Lebanon is $40,885.

  • The Home Value To Income in Lebanon is 2.7x.

  • The Rent To Monthly Income in Lebanon is 0.21x.

Statistic Lebanon Missouri United States
Median Home Value $110,000 $171,800 $244,900
Median Rent $721 $886 $1,163
Median Income $40,885 $61,043 $69,021
Home Value To Income 2.7x 2.8x 3.5x
Rent To Monthly Income 0.21x 0.17x 0.2x
Search Homes For Sale In Lebanon, MO
$110,000
Median Home Value
$721
Median Rent
$40,885
Median Income

Lebanon, MO Costs By Category

Detailed Lebanon Services Costs Vs. Missouri

Item Lebanon Missouri
Shampoo $1.1 $1.06
Movie $10.54 $10.68
Bowling $15.82 $14.67
Haircut $15.88 $18.62
Beauty Salon $32.94 $39.05

Detailed Lebanon Groceries Costs Vs. Missouri

Item Lebanon Missouri
Ground Beef $3.95 $4.22
Fried Chicken $1.57 $1.39
Milk $2.25 $2.05
Potatoes $3.43 $3.29
Pizza $9.63 $10.62
Beer $8.77 $9.38
Toothpaste $2.18 $2.34

Detailed Lebanon Health Costs Vs. Missouri

Item Lebanon Missouri
Optometrist $108.47 $108.57
Doctor $112.84 $116.17
Dentist $99.77 $99.13

Detailed Lebanon Transportation Costs Vs. Missouri

Item Lebanon Missouri
Gasoline $1.9 $2.22
Tire Balancing $48.53 $50.07

Detailed Lebanon Utilities Costs Vs. Missouri

Item Lebanon Missouri
All Electricity $131.04 $167.67
Phone $178.44 $175.64

Lebanon SnackAbility

5
/10
Overall SnackAbility
Jobs
5/10
Housing
5
Affordability
8
Diversity
6
Safety
3
Amenities
8
Education
5
Commute
9

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:

  • Springfield, MO has a cost of living index of 84, 1.0x Lebanon.

  • Fort Leonard Wood, MO has a cost of living index of 106, 1.3x Lebanon.

  • Bolivar, MO has a cost of living index of 83, 1.0x Lebanon.

City Population Cost Of Living Vs. Lebanon
Springfield, MO 168,603 84 1.0x
Fort Leonard Wood, MO 15,629 106 1.3x
Bolivar, MO 10,718 83 1.0x
Marshfield, MO 7,391 81 1.0x
Willard, MO 6,233 86 1.0x

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