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Grant Park, IL vs Lebanon, IL

84
Grant Park
Illinois
VS
+5.9%
79
Lebanon
Illinois

Lebanon is moderately more affordable than Grant Park, with a 5.9% lower cost of living index. Grant Park scores 84 compared to 79 for Lebanon, where the US average is 100. This difference means residents of Grant Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grant Park is $1,149/month compared to $1,125/month in Lebanon — a 2% difference. Home values follow the same pattern: Lebanon is more affordable at $146,600 median vs $205,500.

Median household income in Grant Park is $72,500 compared to $84,766 in Lebanon (-14.5%). Lebanon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grant Park spend roughly 19% of their income on rent, more than the 15.9% in Lebanon.

Climate-wise, Lebanon is notably warmer with an average of 57.7°F compared to 51.8°F in Grant Park. Lebanon receives more rainfall at 43.4" per year compared to 33.4" in Grant Park.

Income & Cost

Cost of Living Index
Grant Park
84
Lebanon
79
6% cheaper
Median Household Income
Grant Park
$72,500
Lebanon
$84,766
14% higher

Housing

Median Rent
Grant Park
$1,149
Lebanon
$1,125
2% cheaper
Median Home Value
Grant Park
$205,500
Lebanon
$146,600
29% cheaper
Population
Grant Park
1,547
Lebanon
4,431

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grant Park $2.85
Lebanon $3.03
US $3.07
🥚
Eggs (grade A, large)
Grant Park $2.33
Lebanon $2.47
US $2.50
🥛
Milk (whole)
Grant Park $3.75
Lebanon $3.97
US $4.03
🍞
Bread (white)
Grant Park $1.72
Lebanon $1.83
US $1.85
🍗
Chicken breast
Grant Park $3.86
Lebanon $4.09
US $4.14
Electricity
Grant Park $0.16
Lebanon $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Grant Park 51.8°F
Lebanon 57.7°F
Summer High
Grant Park 85°F
Lebanon 90°F
Winter Low
Grant Park 18°F
Lebanon 24°F
Rainfall
Grant Park 33.4"
Lebanon 43.4"
Rainy Days
Grant Park 128d
Lebanon 100d