Lebanon, IL vs Streator, IL

There is a significant gap in the cost of living between these two cities. Streator is 23.2% 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 Streator 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 $779/month in Streator — a 44% difference. Home values follow the same pattern: Streator is more affordable at $88,000 median vs $146,600.

Median household income in Lebanon is $84,766 compared to $54,953 in Streator (+54.3%). 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, less than the 17% in Streator.

Climate-wise, Lebanon is notably warmer with an average of 57.7°F compared to 49.4°F in Streator. Lebanon receives more rainfall at 43.4" per year compared to 33.8" in Streator.