Cost of Living in Lebanon, KY
Population 6,364 · Kentucky · Data vintage 2023
(100 = US avg)
Lebanon's median household income of $39,483 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (32% here). At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Lebanon is about 45 miles southeast of Louisville/Jefferson County metro government (balance), the nearest large metro. Median home values run roughly 41% lower than Louisville/Jefferson County metro government (balance)'s $222,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lebanon
The median home value in Lebanon is $130,100 — 57% below the national median of $305,000. Median rent runs $702/month, 47% lower than the national median of $1,314/month. The median household income of $39,483/year is 47% lower than the US median of $74,580. The local unemployment rate is 6.3%, above the national average of 4.8%. Kentucky's top state income tax rate is 4.0% and the combined sales tax is 6.0%. Overall, Lebanon has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.
Lebanon has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Lebanon, KY?
Lebanon has a cost index of 47 (100 = national average). It is 53% below the national average.
What is average rent in Lebanon, KY?
The median gross rent in Lebanon is $702 per month based on 2023 Census data.
What is the average home price in Lebanon?
The median home value in Lebanon is $130,100 according to Zillow and Census data.
What is the median income in Lebanon?
The median household income in Lebanon is $39,483 per year (2023 ACS 5-year estimates).
What is the sales tax in Lebanon, KY?
The combined state and local sales tax rate in Lebanon is 6.0%. The Kentucky state income tax top rate is 4.0%.
Is Lebanon, KY affordable?
Yes, Lebanon is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.
Lebanon at a Glance
- Population
- 6,364
- Median Income
- $39,483
- Home Value
- $130,100
- Median Rent
- $702/mo
- Unemployment
- 6.3%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Kentucky Rankings
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