Lebanon, KY vs Mount Vernon, KY

Mount Vernon is moderately more affordable than Lebanon, with a 6.1% lower cost of living index. Lebanon scores 64 compared to 60 for Mount Vernon, where the US average is 100. This difference means residents of Lebanon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lebanon is $702/month compared to $660/month in Mount Vernon — a 6% difference. Home values follow the same pattern: Mount Vernon is more affordable at $100,500 median vs $130,100.

Median household income in Lebanon is $39,483 compared to $38,639 in Mount Vernon (+2.2%). Lebanon does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lebanon spend roughly 21.3% of their income on rent, more than the 20.5% in Mount Vernon.