Cost of Living in Lebanon, TN

Population 41,951 · Tennessee · Data vintage 2023

108
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lebanon lands reasonably close to national benchmarks on most cost indicators, with a median home value of $359,000 — 18% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Tennessee. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Geographically, Lebanon sits roughly 25 miles north of Murfreesboro. Housing prices track closely with Murfreesboro's $365,000 median.

Cost Overview

Housing 118
Rent 92

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

About the Cost of Living in Lebanon

The median home value in Lebanon is $359,300 — 18% above the national median of $305,000. Median rent runs $1,210/month, 8% lower than the national median of $1,314/month. The median household income of $71,320/year is 4% lower than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 71.6°F and lows of 50.1°F, with about 4.7" of annual snowfall. Overall, Lebanon has a cost of living index of 108 versus the US average of 100, meaning it is 8% more expensive.

🏠 Housing

Median Home Value
$359,300
18% above avg
Zillow Home Value
$436,041
Zillow ZHVI
Median Rent
$1,210/mo
8% below avg
Zillow Rent
$1,638/mo
Zillow ZORI
Price-to-Rent Ratio
24.7x
Favors renting
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 60.2%
Renter-occupied 39.8%

💰 Estimated Monthly Budget

Rent median rent
$1,210
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,824/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
74.0%
Carpooled
10.3%
Public transit
0.4%
Walked
0.9%
Work from home
12.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$71,320
4% below avg
Per Capita Income
$36,602
Unemployment Rate
3.0%
38% below avg
Poverty Rate
14.0%
Labor Force Participation
64.1%

🎓 Education

Bachelor's degree+ 20.8%
Graduate degree 9.2%

👥 Demographics

Median Age 35.7
Male median age 34.7
Female median age 37

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.6°F
Avg Low
50.1°F
Annual Precip
50.5"
Annual Snowfall
4.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495463738088919084746152
Low °F 303340495866716962503933
Precip" 4.024.474.524.725.024.364.163.793.803.363.864.43
Snow" 2.01.50.70.00.00.00.00.00.00.00.10.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
86.5%
Good air days/yr
126
Max AQI recorded
0
PM2.5 days
244
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
16.5:1
Student-teacher ratio
29
Public schools
22,998
Total enrollment

Frequently Asked Questions

What is the cost of living in Lebanon, TN?

Lebanon has a cost index of 108 (100 = national average). It is 8% above the national average.

What is average rent in Lebanon, TN?

The median gross rent in Lebanon is $1,210 per month based on 2023 Census data.

What is the average home price in Lebanon?

The median home value in Lebanon is $359,300 according to Zillow and Census data.

What is the median income in Lebanon?

The median household income in Lebanon is $71,320 per year (2023 ACS 5-year estimates).

What is the sales tax in Lebanon, TN?

The combined state and local sales tax rate in Lebanon is 9.6%. Tennessee has no state income tax.

Is Lebanon, TN affordable?

Lebanon is near the national average in terms of cost of living, with an index of 108 (100 = US average).

What is the weather like in Lebanon?

Lebanon has average high temperatures of 71.6°F and average lows of 50.1°F. Annual precipitation is 50.5". Average annual snowfall is 4.7". Data from NOAA 1991–2020 Climate Normals.

Lebanon at a Glance

Population
41,951
Median Income
$71,320
Home Value
$359,300
Median Rent
$1,210/mo
Unemployment
3.0%
Avg High Temp
71.6°F
Sales Tax
9.6%
View all cities in Tennessee →
🗺️ County data for Tennessee

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs