Lebanon, OR vs Sheridan, OR

Sheridan is moderately more affordable than Lebanon, with a 5.8% lower cost of living index. Lebanon scores 100 compared to 94 for Sheridan, 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 $1,274/month compared to $1,109/month in Sheridan — a 15% difference. Home values follow the same pattern: Sheridan is more affordable at $281,800 median vs $295,900.

Median household income in Lebanon is $56,740 compared to $69,375 in Sheridan (-18.2%). Sheridan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lebanon spend roughly 26.9% of their income on rent, more than the 19.2% in Sheridan.

Climate-wise, both cities share similar average temperatures (52.2°F vs 52.9°F). Lebanon receives more rainfall at 41.5" per year compared to 37.6" in Sheridan.