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2024 BEA RPP All 4 categories Federal source

Lebanon, PA

Cost-of-living indicators for Lebanon, PA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 30140 · Data year: 2024 · Rank: #204 of 387

Lebanon, PA has a cost of living index of 93.2, meaning it's 6.8% less expensive than the national average. Goods cost 0.7% more, services 8.4% more, and rents are 34.0% below average. A $100K national salary has the purchasing power of $107,280 here.

What the Numbers Mean for Lebanon

Lebanon ranks #204 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 93.2, Lebanon, PA is 6.8% less expensive than the national baseline of 100. The gap between Lebanon's most and least expensive categories — services at 108.4 versus rents at 66.0 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $107,280 inside Lebanon, while a household needs roughly $93,214 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 66.0 — 34.0% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Lebanon's overall index has fallen by 5.8 points, improving relative affordability. For the 2024 data year, goods are indexed at 100.7 and services at 108.4, meaning everyday spending in Lebanon is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Lebanon Cost Index at a Glance

Lebanon all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10093.2

Lebanon category breakdown

BEA RPP composition by goods, services, rents, overall

Rents66.039Services108.444Goods100.684Overall93.214

Price Index Summary

Overall

93.2

-6.8 below avg

Goods

100.7

+0.7 above avg

Services

108.4

+8.4 above avg

Rents

66.0

-34.0 below avg

Price Index vs National Average (100)

Overall
National avg

Index 93.2 (-6.8 vs national avg)

Goods
National avg

Index 100.7 (+0.7 vs national avg)

Services
National avg

Index 108.4 (+8.4 vs national avg)

Rents
National avg

Index 66.0 (-34.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +8.4% (108.4)
Goods +0.7% (100.7)

Below National Average

Rents -34.0% (66.0)
Overall -6.8% (93.2)

Income Adequacy in Lebanon

Lebanon income adequacy score

$75,000 median income vs RPP 93.2

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$93,214

in Lebanon, PA purchasing power

$50,000 nationally
$46,607
$75,000 nationally
$69,911
$125,000 nationally
$116,518
$150,000 nationally
$139,821
$200,000 nationally
$186,428

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 5.8 points over this period.

Year Overall
2008 99.0
2009 98.2
2010 96.4
2011 93.1
2012 95.7
2013 94.1
2014 95.8
2015 95.8
2016 96.4
2017 98.0
2018 96.6
2019 94.6
2020 94.9
2021 95.9
2022 93.0
2023 95.8
2024 93.2

Related Data for Lebanon

Frequently Asked Questions

What is the cost of living in Lebanon, PA?
Lebanon, PA has a Regional Price Parity (RPP) index of 93.2, meaning it is 6.8% less expensive than the national average. Goods are indexed at 100.7, services at 108.4, and rents at 66.0. It ranks #204 out of 387 U.S. metro areas by overall cost.
What salary do I need in Lebanon, PA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,214 in Lebanon, PA. Conversely, $100K earned in Lebanon, PA has the purchasing power of $107,280 at the national average.
How expensive is rent in Lebanon, PA?
Rents in Lebanon, PA are indexed at 66.0, which is 34.0% below the national average. This makes the area relatively affordable for renters.
Is Lebanon, PA getting more expensive?
From 2008 to 2024, Lebanon, PA's overall cost index changed by -5.8 points (from 99.0 to 93.2). The cost of living has been declining.
What costs the most in Lebanon, PA?
The most expensive category in Lebanon, PA is services at 108.4, which is 8.4% above the national average. The most affordable category is rents at 66.0, 34.0% below average.
What metros have a similar cost of living to Lebanon, PA?
Metros with the most similar overall cost index include Burlington, Greenville-Anderson-Greer, Morgantown. These areas have RPP values within a few points of Lebanon, PA's 93.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page