Lebanon, IL vs Mount Carroll, IL
There is a significant gap in the cost of living between these two cities. Mount Carroll is 24.8% cheaper than Lebanon. With a cost index of 64 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mount Carroll to Lebanon should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lebanon is $1,125/month compared to $749/month in Mount Carroll — a 50% difference. Home values follow the same pattern: Mount Carroll is more affordable at $88,800 median vs $146,600.
Median household income in Lebanon is $84,766 compared to $59,167 in Mount Carroll (+43.3%). 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 Lebanon spend roughly 15.9% of their income on rent, more than the 15.2% in Mount Carroll.
Climate-wise, Lebanon is notably warmer with an average of 57.7°F compared to 47.2°F in Mount Carroll. Lebanon receives more rainfall at 43.4" per year compared to 38.2" in Mount Carroll.
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