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Berea, KY vs Lebanon, KY

71
Berea
Kentucky
VS
+11.1%
64
Lebanon
Kentucky

Lebanon is moderately more affordable than Berea, with a 11.1% lower cost of living index. Berea scores 71 compared to 64 for Lebanon, where the US average is 100. This difference means residents of Berea can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Berea is $806/month compared to $702/month in Lebanon — a 15% difference. Home values follow the same pattern: Lebanon is more affordable at $130,100 median vs $178,000.

Median household income in Berea is $56,484 compared to $39,483 in Lebanon (+43.1%). While Berea is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Berea spend roughly 17.1% of their income on rent, less than the 21.3% in Lebanon.

Income & Cost

Cost of Living Index
Berea
71
Lebanon
64
10% cheaper
Median Household Income
Berea
$56,484
30% higher
Lebanon
$39,483

Housing

Median Rent
Berea
$806
Lebanon
$702
13% cheaper
Median Home Value
Berea
$178,000
Lebanon
$130,100
27% cheaper
Population
Berea
15,557
Lebanon
6,364

Salary Equivalency Calculator

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