Lebanon, IL vs Wyoming, IL

The cost of living difference between Lebanon, IL and Wyoming, IL is dramatic. Wyoming is 31.1% cheaper than Lebanon, a gap that translates to thousands of dollars per year in household expenses. Lebanon has a cost index of 79 while Wyoming sits at 61, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Lebanon is $1,125/month compared to $686/month in Wyoming — a 64% difference. Home values follow the same pattern: Wyoming is more affordable at $105,700 median vs $146,600.

Median household income in Lebanon is $84,766 compared to $57,969 in Wyoming (+46.2%). 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 14.2% in Wyoming.