Cost of Living in Lebanon, NH

Population 14,759 · New Hampshire · Data vintage 2023

121
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lebanon is a smaller New Hampshire community of around 15000 residents, where median household incomes of $92,288 and housing costs ($345,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 0.9% points to a labor market well on the tight side of the national distribution.

Geographically, Lebanon is about 60 miles northwest of Manchester, the nearest large metro. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 113
Rent 132

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Lebanon

The median home value in Lebanon is $345,100 — 13% above the national median of $305,000. Median rent runs $1,732/month, 32% higher than the national median of $1,314/month. The median household income of $92,288/year is 24% higher than the US median of $74,580. The local unemployment rate is 0.9%, below the national average of 4.8%. New Hampshire charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 57.5°F and lows of 34.6°F. Overall, Lebanon has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$345,100
13% above avg
Zillow Home Value
$446,462
Zillow ZHVI
Median Rent
$1,732/mo
32% above avg
Zillow Rent
$2,636/mo
Zillow ZORI
Price-to-Rent Ratio
16.6x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,104
1 BR
$1,180
2 BR
$1,548
3 BR
$2,019
4 BR
$2,140
Owner-occupied 49.9%
Renter-occupied 50.1%

💰 Estimated Monthly Budget

Rent median rent
$1,732
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,346/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.4 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.8%

Commute Mode

Drove alone
59.8%
Carpooled
13.4%
Public transit
2.3%
Walked
2.8%
Bicycle
0.5%
Work from home
20.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$92,288
24% above avg
Per Capita Income
$54,622
Unemployment Rate
0.9%
81% below avg
Poverty Rate
8.6%
Labor Force Participation
69.5%

🎓 Education

Bachelor's degree+ 25.8%
Graduate degree 30.6%

👥 Demographics

Median Age 38.6
Male median age 38.6
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.5°F
Avg Low
34.6°F
Annual Precip
38.1"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303443577078838173604736
Low °F 91121324452585649372818
Precip" 2.292.102.702.993.323.803.993.623.444.002.982.84

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
85.2%
Good air days/yr
100
Max AQI recorded
135
PM2.5 days
230
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

24%
4-Year Graduation Rate
10.7:1
Student-teacher ratio
1
Public schools
32
Total enrollment

Frequently Asked Questions

What is the cost of living in Lebanon, NH?

Lebanon has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in Lebanon, NH?

The median gross rent in Lebanon is $1,732 per month based on 2023 Census data.

What is the average home price in Lebanon?

The median home value in Lebanon is $345,100 according to Zillow and Census data.

What is the median income in Lebanon?

The median household income in Lebanon is $92,288 per year (2023 ACS 5-year estimates).

What is the sales tax in Lebanon, NH?

The combined state and local sales tax rate in Lebanon is 0.0%. New Hampshire has no state income tax.

Is Lebanon, NH affordable?

Lebanon is above average in cost of living, with an index of 121 — about 21% higher than the national average.

What is the weather like in Lebanon?

Lebanon has average high temperatures of 57.5°F and average lows of 34.6°F. Annual precipitation is 38.1". Data from NOAA 1991–2020 Climate Normals.

Lebanon at a Glance

Population
14,759
Median Income
$92,288
Home Value
$345,100
Median Rent
$1,732/mo
Unemployment
0.9%
Avg High Temp
57.5°F
Sales Tax
0.0%
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