Lanark, IL vs Lebanon, IL

There is a significant gap in the cost of living between these two cities. Lanark is 17.8% cheaper than Lebanon. With a cost index of 65 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lanark to Lebanon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lanark is $781/month compared to $1,125/month in Lebanon — a 31% difference. Home values follow the same pattern: Lanark is more affordable at $97,100 median vs $146,600.

Median household income in Lanark is $66,250 compared to $84,766 in Lebanon (-21.8%). While Lebanon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lanark spend roughly 14.1% of their income on rent, less than the 15.9% in Lebanon.

Climate-wise, Lebanon is notably warmer with an average of 57.7°F compared to 49.4°F in Lanark. Lebanon receives more rainfall at 43.4" per year compared to 37.2" in Lanark.