Cost of Living in Lebanon, TN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
120.9
100 = national avg
+20.9 vs national average
Living Wage (1 Adult)
$53,186
per year
Living Wage (Family of 4)
$125,713
per year
Cost Index by Category
Housing145.6
Food104.5
Transportation109.0
Healthcare103.6
Utilities111.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,578
per month
2 Bedroom
$1,730
per month
The overall cost of living index in Lebanon is 120.9, which is 20.9% above the national average. Housing costs are above the national average at an index of 145.6. A single adult needs to earn approximately $53,186 per year to cover basic expenses.