Lebanon, IN vs Portage, IN

Lebanon is moderately more affordable than Portage, with a 14.3% lower cost of living index. Lebanon scores 75 compared to 88 for Portage, where the US average is 100. This difference means residents of Portage can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lebanon is $900/month compared to $1,138/month in Portage — a 21% difference. Home values follow the same pattern: Lebanon is more affordable at $179,200 median vs $210,800.

Median household income in Lebanon is $63,773 compared to $72,833 in Portage (-12.4%). The higher salaries in Portage partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lebanon spend roughly 16.9% of their income on rent, less than the 18.7% in Portage.