Lebanon, KY vs Shively, KY

Lebanon is moderately more affordable than Shively, with a 8.1% lower cost of living index. Lebanon scores 64 compared to 70 for Shively, where the US average is 100. This difference means residents of Shively 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 $847/month in Shively — a 17% difference. Home values follow the same pattern: Lebanon is more affordable at $130,100 median vs $139,200.

Median household income in Lebanon is $39,483 compared to $46,522 in Shively (-15.1%). While Shively 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, less than the 21.8% in Shively.