Lebanon, KY vs Raceland, KY

Lebanon, KY and Raceland, KY have a very similar cost of living, with only a 1.5% difference in their overall index. Lebanon scores 64 while Raceland scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Lebanon is $702/month compared to $809/month in Raceland — a 13% difference. Interestingly, home values tell a different story: while Lebanon has cheaper rent, Raceland actually has lower median home values ($117,800 vs $130,100).

Median household income in Lebanon is $39,483 compared to $61,923 in Raceland (-36.2%). While Raceland 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 21.3% of their income on rent, more than the 15.7% in Raceland.