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Lebanon, PA vs Oil City, PA

76
Lebanon
Pennsylvania
VS
+21%
63
Oil City
Pennsylvania

There is a significant gap in the cost of living between these two cities. Oil City is 21% cheaper than Lebanon. With a cost index of 63 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oil City to Lebanon should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lebanon is $1,024/month compared to $799/month in Oil City — a 28% difference. Home values follow the same pattern: Oil City is more affordable at $66,600 median vs $143,200.

Median household income in Lebanon is $47,439 compared to $52,688 in Oil City (-10%). Oil City 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 25.9% of their income on rent, more than the 18.2% in Oil City.

Income & Cost

Cost of Living Index
Lebanon
76
Oil City
63
17% cheaper
Median Household Income
Lebanon
$47,439
Oil City
$52,688
10% higher

Housing

Median Rent
Lebanon
$1,024
Oil City
$799
22% cheaper
Median Home Value
Lebanon
$143,200
Oil City
$66,600
53% cheaper
Population
Lebanon
26,600
Oil City
9,517

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lebanon $3.01
Oil City
US $3.07
🥚
Eggs (grade A, large)
Lebanon $2.46
Oil City
US $2.50
🥛
Milk (whole)
Lebanon $3.96
Oil City
US $4.03
🍞
Bread (white)
Lebanon $1.82
Oil City
US $1.85
🍗
Chicken breast
Lebanon $4.07
Oil City
US $4.14
Electricity
Lebanon $0.22
Oil City
US $0.19